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Ichigo Office REIT Investment Corporation ( (JP:8975) ) has provided an update.
Ichigo Office REIT Investment Corporation has announced a new loan to redeem its Fifth Unsecured Investment Corporation Bonds, amounting to JPY 1,000 million. This financial maneuver is part of their strategic debt management, with the new loan expected to have no material impact on their earnings forecasts or investment risks. The loan will be provided by SMBC with a five-year term, and the company has already accounted for its impact in their fiscal forecasts.
More about Ichigo Office REIT Investment Corporation
Ichigo Office REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on office properties. The company is managed by Ichigo Investment Advisors Co., Ltd., and is based in Tokyo, Japan.
YTD Price Performance: 1.50%
Average Trading Volume: 3,092
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen126.1B
For a thorough assessment of 8975 stock, go to TipRanks’ Stock Analysis page.