GLP J-REIT (JP:3281) has released an update.
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GLP J-REIT is refinancing its debt with new borrowings totaling 18,610 million yen, which includes sustainability loans aimed at enhancing its ESG financing capabilities. These funds are intended for the repayment of existing borrowings due on September 2, 2024, and will also support acquisitions of environmentally and socially sustainable assets. GLP J-REIT is a leader in ESG bonds within the J-REIT industry, with a total issuance of 45.5 billion yen as of July 2024.
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