tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ichigo Hotel REIT Secures Loan for Debt Repayment

Ichigo Hotel REIT Secures Loan for Debt Repayment

Ichigo Hotel REIT Investment Corp. (JP:3463) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Ichigo Hotel REIT Investment Corporation has secured a new loan to repay existing debt totaling JPY 3,000 million. The loan, with a term of 2.7 years and an interest rate of JPY TIBOR plus 0.485%, has been integrated into the company’s upcoming fiscal earnings forecasts. This move aims to manage the corporation’s financial liabilities effectively.

For further insights into JP:3463 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1