FINWIRES · TerminalLIVE
FINWIRES

Daiwa Securities Living to Raise Funds for Property Acquisitions

-- Daiwa Securities Living Investment (TYO:8986) said it will borrow 5.5 billion yen to fund property acquisitions and related costs, according to a Wednesday filing on the Tokyo Stock Exchange.

The financing will be sourced from multiple lenders, including MUFG Bank, SBI Shinsei Bank and Mizuho Bank, with drawdown scheduled for May 1.

Proceeds will be used to acquire residential assets and cover associated expenses. Following the borrowing, total interest-bearing debt will rise to 210.2 billion yen.

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Waste Connections 2026 Outlook Seen 'Conservative' After Q1 Beat, RBC Says

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