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Frontier Real Estate Executes Long-term Borrowing for Debt Optimization

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Frontier Real Estate Executes Long-term Borrowing for Debt Optimization

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The latest update is out from Frontier Real Estate Investment Corporation ( (JP:8964) ).

Frontier Real Estate Investment Corporation announced the execution of a long-term borrowing agreement to repay an existing loan due on May 19, 2025. This financial maneuver involves a new unsecured, unguaranteed loan of ¥1,000 million from The Keiyo Bank, Ltd., with a fixed interest rate until maturity in 2033, and aims to optimize the company’s debt structure without altering its risk profile.

The most recent analyst rating on (JP:8964) stock is a Hold with a Yen92000.00 price target. To see the full list of analyst forecasts on Frontier Real Estate Investment Corporation stock, see the JP:8964 Stock Forecast page.

More about Frontier Real Estate Investment Corporation

Frontier Real Estate Investment Corporation operates in the real estate investment industry, focusing on managing and investing in a diversified portfolio of properties. The company collaborates with Mitsui Fudosan Frontier REIT Management Inc., which handles its asset management operations.

Average Trading Volume: 5,659

Technical Sentiment Signal: Hold

Current Market Cap: Yen219.1B

See more data about 8964 stock on TipRanks’ Stock Analysis page.

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