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Frontier Real Estate Investment Corporation ( (JP:8964) ) has shared an announcement.
Frontier Real Estate Investment Corporation announced the execution and repayment of a long-term borrowing arrangement. The company plans to draw down a new unsecured, unguaranteed loan of ¥1,000 million from THE IYO BANK, LTD. on May 14, 2025, to repay an existing borrowing of the same amount. This financial maneuver is expected to maintain the company’s current borrowing balance and does not significantly alter its investment risk profile.
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 real estate properties. The company is managed by Mitsui Fudosan Frontier REIT Management Inc., which oversees its asset management activities.
Average Trading Volume: 5,683
Technical Sentiment Signal: Buy
Current Market Cap: Yen219.9B
Learn more about 8964 stock on TipRanks’ Stock Analysis page.