Kenedix Office Investment Corporation (JP:8972) has released an update.
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KDX Realty Investment Corporation has announced a new debt financing initiative to secure 2 billion yen, which will be used to repay existing borrowings under Series 55-A and Series 84-A. This strategic financial move includes prepaying 1 billion yen and is structured as a social loan in line with the company’s Sustainability Finance Framework. The total balance of the company’s short-term and long-term borrowings and investment corporation bonds will remain at 545.7 billion yen post-transaction.
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