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Japan Hotel Reit Investment ( (JP:8985) ) has provided an announcement.
Japan Hotel REIT Investment Corporation has concluded interest rate swap contracts to stabilize interest costs on new loans, including refinancing with a green loan. These contracts fix the interest rates for Term Loans 120 and 121, effectively increasing the fixed interest rate ratio to 77% of total interest-bearing debts, thereby reducing exposure to interest rate fluctuations.
More about Japan Hotel Reit Investment
Japan Hotel REIT Investment Corporation is a real estate investment trust focused on the hospitality industry, managing a portfolio of hotel properties in Japan. The company aims to provide stable income through strategic asset management and investment in hotel properties.
YTD Price Performance: 10.28%
Technical Sentiment Signal: Sell
Current Market Cap: $2.51B
For a thorough assessment of 8985 stock, go to TipRanks’ Stock Analysis page.
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