Nomura Real Estate Master Fund Sets Interest Rate for 2.3 Billion Yen Green Loan

MT Newswires Live

02-24

Nomura Real Estate Master Fund (TYO:3462) has determined the interest rate for a previously announced debt financing, which includes a green loan from the Development Bank of Japan, according to its filing last Friday.

The five-year term loan, amounting to 2.25 billion yen, carries a fixed interest rate of 1.32190% and is set for drawdown on Feb. 26.

This unsecured loan will be repaid in a lump sum at the end of the term.

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