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Hoshino Resorts REIT Finalizes Interest Rate Swap Agreement

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Hoshino Resorts REIT, Inc. ( (JP:3287) ) has provided an announcement.

Hoshino Resorts REIT, Inc. has finalized an interest rate swap agreement with Nomura Securities Co., Ltd. for a borrowing contract, effectively fixing the interest rate at 1.8113%. This financial maneuver is part of their strategy involving refinancing with positive impact finance and green loans. The company anticipates negligible impact on its business results and maintains its operating forecasts for the fiscal periods ending in April and October 2025.

More about Hoshino Resorts REIT, Inc.

Hoshino Resorts REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in hospitality-related assets. The company is known for its asset management services through Hoshino Resort Asset Management Co., Ltd., with a market focus on hospitality and tourism properties.

YTD Price Performance: -10.03%

Average Trading Volume: 2,645

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen117.8B

For detailed information about 3287 stock, go to TipRanks’ Stock Analysis page.

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