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IIF Sets Interest Rate for 2.65 Billion Yen Debt

IIF Sets Interest Rate for 2.65 Billion Yen Debt

Industrial & Infrastructure Fund Investment Corporation (JP:3249) has released an update.

Confident Investing Starts Here:

Industrial & Infrastructure Fund Investment Corporation (IIF) has determined the interest rate for its new debt financing at 1.12300%. The unsecured and unguaranteed debt, amounting to 2,650 million yen, will have a fixed rate and is set for an 8.1-year term with MUFG Bank, Ltd. The scheduled borrowing date is September 13, 2024, with maturity on September 30, 2032.

For further insights into JP:3249 stock, check out TipRanks’ Stock Analysis page.

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