Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Japan Logistics Fund ( (JP:8967) ) has issued an update.
Japan Logistics Fund has arranged two new bank loans totaling ¥2 billion from Daishi Hokuetsu Bank and The Musashino Bank to help fund the redemption of a ¥3 billion investment corporation bond maturing on December 26, 2025. The new borrowings, which are unsecured and long term with maturities extending to 2032 and 2035, will reduce the REIT’s total interest-bearing debt by ¥1 billion and shift part of its funding structure from bonds to loans, slightly lengthening debt duration while leaving the balance of its green loans and green bonds unchanged, with no reported change to its disclosed risk profile.
The most recent analyst rating on (JP:8967) stock is a Hold with a Yen109188.00 price target. To see the full list of analyst forecasts on Japan Logistics Fund stock, see the JP:8967 Stock Forecast page.
More about Japan Logistics Fund
Japan Logistics Fund, Inc. is a Japanese real estate investment trust (REIT) specializing in logistics facilities, managed by Mitsui & Co., Logistics Partners Ltd. It focuses on acquiring, managing and operating logistics-related real estate to generate stable rental income for investors, positioning itself within Japan’s expanding logistics and distribution infrastructure sector.
YTD Price Performance: 23.49%
Average Trading Volume: 4,451
Technical Sentiment Signal: Buy
Current Market Cap: Yen284.8B
See more insights into 8967 stock on TipRanks’ Stock Analysis page.