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Activia Properties Secures ¥1.998 Billion Loan to Refinance Maturing Bonds

Story Highlights
  • Activia Properties arranged a ¥1.998 billion, one-year unsecured bank loan to refinance debt.
  • The new borrowing will redeem part of maturing bonds, slightly shifting funding from bonds to loans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Activia Properties Secures ¥1.998 Billion Loan to Refinance Maturing Bonds

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Activia Properties ( (JP:3279) ) has issued an announcement.

Activia Properties Inc. has arranged a new short-term borrowing of 1.998 billion yen from a syndicate of major banks, including Sumitomo Mitsui Trust Bank, Mizuho Bank and MUFG Bank, under an existing commitment line agreement. The one-year, unsecured, unguaranteed loan, bearing an interest rate of 0.275% plus a TIBOR-based base rate, will be drawn on February 2, 2026 and used the following day to redeem a portion of its 2 billion yen 4th unsecured investment corporation bonds maturing on February 3, 2026. Following this refinancing move, Activia’s total borrowings will edge up slightly while its outstanding investment corporation bonds decrease, signaling an active liability management strategy that modestly shifts its funding mix from bonds to bank loans without materially changing its overall interest-bearing debt level.

The most recent analyst rating on (JP:3279) stock is a Buy with a Yen166950.00 price target. To see the full list of analyst forecasts on Activia Properties stock, see the JP:3279 Stock Forecast page.

More about Activia Properties

Activia Properties Inc. is a Japanese real estate investment corporation (J-REIT) managed by TLC REIT Management Inc., focusing on acquiring and operating income-producing properties. Listed under code 3279 and based in Tokyo’s Shibuya district, it raises funds primarily through bank borrowings and investment corporation bonds to finance and refinance its real estate portfolio.

Average Trading Volume: 5,665

Technical Sentiment Signal: Buy

Current Market Cap: Yen352.6B

Find detailed analytics on 3279 stock on TipRanks’ Stock Analysis page.

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