Mori Trust REIT Secures 3 Billion Yen Loan to Refinance Maturing Debt

MT Newswires Live

04-23

Mori Trust REIT (TYO:8961) said it will borrow 3 billion yen from Sumitomo Mitsui Banking Corp. (TYO:8316) to refinance long-term debt maturing on April 24, according to a Tuesday filing on the Tokyo Stock Exchange.

The new loan, carrying a fixed interest rate of 1.07127%, is scheduled to be drawn down on April 24 and will mature on Sept. 29, 2028. It replaces a previous 3 billion yen loan taken in April 2019.

The refinancing does not change Mori Trust REIT's overall debt levels. Its total borrowings and bonds remain at 224.5 billion yen.

Price (JPY): $63800.00, Change: $+100, Percent Change: +0.16%

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Its total borrowings and bonds remain at 224.5 billion yen.</p><p>Price (JPY): $63800.00, Change: $+100, Percent Change: +0.16%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JPY","symbol_name":"Lazard Japanese Equity ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2529595595","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529595595","pubTimestamp":1745368400,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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