GLP J-REIT Secures New Borrowing to Refinance Existing Bonds

GLP J-REIT ( (JP:3281) ) has provided an announcement.

GLP J-REIT announced a refinancing move by securing a new borrowing of 1,500 million yen to redeem its existing investment corporate bonds due on June 30, 2025. This move is expected to maintain the company’s financial stability without altering its earnings forecasts for the upcoming fiscal periods, indicating a stable outlook for stakeholders.

The most recent analyst rating on (JP:3281) stock is a Buy with a Yen151500.00 price target. To see the full list of analyst forecasts on GLP J-REIT stock, see the JP:3281 Stock Forecast page.

More about GLP J-REIT

GLP J-REIT is a real estate investment trust focused on managing and investing in logistics facilities. It operates in the real estate industry, providing investment opportunities in logistics properties, primarily in Japan.

Average Trading Volume: 11,733

Technical Sentiment Signal: Buy

Current Market Cap: Yen616B

Learn more about 3281 stock on TipRanks’ Stock Analysis page.