Japan Logistics Fund, Inc. (JP:8967) has released an update.
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Japan Logistics Fund, Inc. has secured a new commitment line agreement for 5 billion yen with Sumitomo Mitsui Banking Corporation, starting August 1, 2024, for a period of three years. This financial strategy is aimed at bolstering the company’s ability to acquire assets and refinance, contributing to a stronger balance sheet. The agreement, which succeeds an expiring commitment line, is unsecured and not guaranteed.
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