Frontier Real Estate Investment (TYO:8964) secured long-term borrowings to partially fund the acquisition of a 30% quasi-co-ownership stake in Mitsui Shopping Park LaLaport Aichi Togo, according to its bourse filing last Friday.
The unsecured and unguaranteed borrowings, totaling 10 billion yen, will be drawn on March 25, with principal repayments due in full on their respective maturity dates.
The loans include fixed-rate borrowings from multiple lenders, such as Sumitomo Mitsui Trust Bank, Daishi Hokuetsu Bank, The Yamanashi Chuo Bank, The Hachijuni Bank, Joyo Bank, Sumitomo Mitsui Banking Corp., The Yamaguchi Bank, and The Keiyo Bank.
Several loans are designated as green loans, reflecting the company's commitment to sustainable financing.
Interest rates range from 1.18750% to 1.71000%, with maturities extending from March 2029 to March 2035.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。