TYO:8951

2 stories mentioning TYO:8951Updated 23d ago

Every FINWIRES story that references TYO:8951, newest first.

Nippon Building Fund Secures 5 Billion Yen Green Loan to Refinance Maturing Debt

Nippon Building Fund (TYO:8951) has agreed to borrow 5 billion yen from the Development Bank of Japan at an interest rate of 1.354%, based on three-month Japanese Yen TIBOR plus a 0.096% margin, according to a Tokyo bourse filing on Thursday.The unsecured, unguaranteed loan is expected to be implemented on June 1, 2026, with the full principal amount repayable in one lump sum on the due date of June 1, 2034.The proceeds will be used to refinance a long-term borrowing maturing in June, with the transaction effectively replacing 5 billion yen of fixed-rate debt with floating-rate debt.

TYO:8951

Asia55d ago

Nippon Building Fund to Refinance 6 Billion yen in Short-Term Debt

Nippon Building Fund (TYO:8951) will refinance 6 billion yen in short-term borrowings to repay debt maturing in April, according to a Monday filing on the Tokyo Stock Exchange.The REIT will borrow 4 billion yen from Sumitomo Mitsui Trust Bank and 2 billion yen from Resona Bank, with both loans set for lump-sum repayment by May 29. The borrowing will carry an interest rate of about 0.981%.The proceeds will be used entirely to refinance existing short-term borrowings due in April.

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