Japan Prime Realty Investment Secures 1 Billion Yen Green Loan for Grand Front Osaka
Japan Prime Realty Investment (TYO:8955) arranged a 1 billion-yen green loan with The Fukui Bank at a base rate plus 0.29% due July 3, 2035.The loan, issued under the REIT's Sustainability Finance Framework, will refinance short-term borrowing used to acquire Grand Front Osaka, according to a Tokyo bourse filing on Wednesday. It will be drawn Friday.