GLP J-REIT Sets Interest Rate for 3 Billion Yen Loan; Executes Swap Agreement

MT Newswires Live

2025/02/27

GLP J-REIT (TYO:3281) has set the interest rate for a 3 billion yen green loan from Aichi Bank at a fixed interest rate of 1.040%, according to a Wednesday filing.

The loan will be drawn on Feb. 28, and repaid in full on Feb. 28, 2033.

Additionally, a swap agreement with Nomura Securities fixes a 1.461% interest rate on a 12.3 billion yen loan.

The swap commences on Feb. 28, with repayment scheduled for March 3, 2031.

Price (JPY): $121400.00, Change: $+800, Percent Change: +0.66%

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