Frontier Real Estate Investment (TYO:8964) secured a new borrowing to repay an existing loan from MUFG Bank, amounting to 1 billion yen, according to a Thursday filing.
The new loan carries a fixed interest rate of 0.75250% and will mature on March 4, 2026.
This borrowing will repay a 1.5 billion yen loan due on March 3, 2025.
Price (JPY): $79300.00, Change: $-600, Percent Change: -0.75%