Frontier Real Estate Investment Extends Period of Commitment Line with MUFG Bank

MT Newswires Live

01/16

Frontier Real Estate Investment (TYO:8964) has decided to extend the period of its commitment line agreement with MUFG Bank (TYO:8306), according to a Wednesday filing on the Tokyo Stock Exchange.

The new agreement will extend the period to Feb. 6, 2026, from the previous expiration date of Feb. 6, 2025.

The commitment line, originally established on Feb. 7, 2014, secures a maximum amount of 5.50 billion yen. The extension ensures continued financial stability for potential asset acquisitions and refinancing risks.

After the extension, the total commitment lines now stand at 17.5 billion yen, with other lenders including Sumitomo Mitsui Banking Corporation (TYO:1821), Sumitomo Mitsui Trust Bank (TYO:8309), and Mizuho Trust & Banking.

Price (JPY): $77600.00, Change: $+500, Percent Change: +0.65%

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