Daiwa Office Investment Corporation (JP:8976) has released an update.
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Daiwa Office Investment Corporation has announced plans to borrow 6,000 million yen to repay existing loans and partially finance a recent asset acquisition. The borrowed funds will come from multiple lenders at various interest rates, with repayment dates set for 2029 and 2032. This strategic financial move aims to manage the company’s interest-bearing liabilities, which will slightly increase as a result of the new borrowing.
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