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Industrial & Infrastructure Fund Secures 5 Billion Yen Loan for Partial Early Repayment

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Industrial & Infrastructure Fund Investment (TYO:3249) \ secured two loans totaling 5 billion yen to make early partial repayment of an existing debt, according to a Tokyo bourse filing on Wednesday.

The REIT will secure the loans from Resona Bank, of which the first will be a 2.5 billion yen, three-year facility maturing July 31, 2029, and the second a 2.5 billion yen, eight-year facility maturing July 31, 2034. Both are scheduled for drawdown on July 31, 2026.

The proceeds will be used to make a partial early repayment of a 5.5 billion yen loan from Sumitomo Mitsui Banking, with 5 billion yen being repaid on July 31, ahead of its original Nov. 30 maturity.

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Industrial & Infrastructure Fund Secures 5 Billion Yen Loan for Partial Early Repayment | FINWIRES