TYO:3281

2 stories mentioning TYO:3281

Every FINWIRES story that references TYO:3281, newest first.

GLP J-REIT Refinances 2.18 Billion Yen Debt Ahead of Maturity

GLP J-REIT (TYO:3281) decided to refinance 2.18 billion of its existing borrowings due June 30, using new loans from Daishi Hokuetsu Bank and The Bank of Iwate.The new borrowings, totalling 2.18 billion, will be drawn on June 30, 2026, with repayment set for June 2031 and June 2032, respectively, according to a Tokyo bourse filing on Wednesday.The move is part of the company's plan to fix interest rates earlier amid a rising rate environment and to diversify funding sources with new lenders, it said.The transaction's impact is already reflected in earnings forecasts for the fiscal period ending August.

TYO:3281

Asia63d ago

Glp J-Reit Warns Investors of May Expiry for 2023 Distribution Claims

Glp J-Reit (TYO:3281) said the right to claim distributions for its fiscal period ended February 2023 will expire on May 18, according to a Monday filing on the Tokyo Stock Exchange.The trust said distribution claims lapse if unclaimed for three years from the payment start date, in line with its articles of incorporation.It added that distribution rights for the fiscal period ended August 2023 and subsequent periods will also expire after three years from their respective payment dates.

TYO:3281