Hoshino Resorts REIT, Inc. (JP:3287) has released an update.
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Hoshino Resorts REIT, Inc. has announced the issuance of its 4th Series Unsecured Investment Corporation Bonds, amounting to 1,500 million yen, with the funds intended to redeem its 1st Series Unsecured Bonds maturing in February 2025. This strategic move aligns with their financial management efforts and market conditions, offering an interest rate of 1.853% per annum. The bonds, rated A+ by Japan Credit Rating Agency, will be publicly offered, with redemption set for December 2034.
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