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Japan Logistics Fund, Inc. ( (JP:8967) ) just unveiled an update.
Japan Logistics Fund, Inc. has announced a new bank loan of 2,000 million yen from Sumitomo Mitsui Banking Corporation to repay an existing loan due on February 28, 2025. The new loan will have a term of 5 years with a fixed interest rate to be determined, maintaining the company’s interest-bearing debt at the same level, indicating a strategic move to manage its financial obligations without increasing its debt load.
More about Japan Logistics Fund, Inc.
Japan Logistics Fund, Inc. is a real estate investment trust focused on logistics properties. It is managed by Mitsui & Co., Logistics Partners Ltd., and primarily engages in acquiring and managing logistics facilities to generate income for its investors.
YTD Price Performance: 7.62%
Average Trading Volume: 7
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.56B
Find detailed analytics on 8967 stock on TipRanks’ Stock Analysis page.
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