Industrial & Infrastructure Fund Investment Corporation (JP:3249) has released an update.
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Industrial & Infrastructure Fund Investment Corporation has announced a strategic refinancing of its existing debt due on August 14, 2024, to diversify its maturity profile with new fixed interest rate loans totaling 4.5 billion yen, maturing between 2032 and 2034. The refinancing will not materially affect IIF’s operations for the fiscal period ending January 2025, and the overall interest-bearing debt will remain unchanged at 282.3 billion yen post-refinancing.
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