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IIF REIT Refinances ¥1 Billion Loan Without Changing Total Debt Load

Story Highlights
  • IIF secured a new ¥1 billion three-year fixed-rate loan to refinance existing debt.
  • The refinancing leaves IIF’s total interest-bearing debt unchanged at ¥294.233 billion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IIF REIT Refinances ¥1 Billion Loan Without Changing Total Debt Load

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The latest announcement is out from Industrial & Infrastructure Fund Investment Corporation ( (JP:3249) ).

Industrial & Infrastructure Fund Investment Corporation has arranged a new ¥1 billion, three-year fixed-rate loan from Sumitomo Mitsui Banking Corporation to refinance an existing loan of the same size maturing on January 30, 2026. The transaction, which remains unsecured and unguaranteed with lump-sum repayment in January 2029, leaves the REIT’s total interest-bearing debt unchanged at ¥294.233 billion, indicating a balance-sheet-neutral refinancing aimed at maintaining funding stability without altering its overall leverage or the composition of its green and social finance borrowings.

The most recent analyst rating on (JP:3249) stock is a Buy with a Yen181254.00 price target. To see the full list of analyst forecasts on Industrial & Infrastructure Fund Investment Corporation stock, see the JP:3249 Stock Forecast page.

More about Industrial & Infrastructure Fund Investment Corporation

Industrial & Infrastructure Fund Investment Corporation is a Japanese real estate investment trust (REIT) focused on industrial and infrastructure-related assets, managed by KJR Management. Listed on the Tokyo Stock Exchange, it raises funds through bank borrowings and investment corporation bonds to finance and refinance its portfolio of logistics, industrial and related facilities for institutional and individual investors seeking stable income from Japan’s industrial real estate sector.

Average Trading Volume: 7,812

Technical Sentiment Signal: Buy

Current Market Cap: Yen390.6B

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

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