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IIF Announces Refinancing to Diversify Debt Maturity

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IIF Announces Refinancing to Diversify Debt Maturity

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Industrial & Infrastructure Fund Investment Corporation ( (JP:3249) ) just unveiled an announcement.

IIF announced a refinancing decision to diversify its debt maturity profile by refinancing existing debt due on January 31, 2025. The new loan agreement with MUFG Bank involves a 1,300 million yen fixed-rate loan with a maturity of seven years, which will not significantly impact the company’s financial forecasts for upcoming fiscal periods.

More about Industrial & Infrastructure Fund Investment Corporation

Industrial & Infrastructure Fund Investment Corporation (IIF) operates in the real estate investment industry, focusing on industrial and infrastructure properties. The company is primarily involved in managing a diversified portfolio of assets, aiming to provide stable and sustainable returns to its stakeholders.

YTD Price Performance: 0.72%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €1.81B

For an in-depth examination of 3249 stock, go to TipRanks’ Stock Analysis page.

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