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%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.