Kenedix Office Investment Corporation (JP:8972) has released an update.
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KDX Realty Investment Corporation has finalized the interest rate for its previously announced debt financing series 0017, which amounts to 2,000 million yen at a fixed rate of 0.95178%, with an unsecured repayment due on October 31, 2029. The borrowing, facilitated by SBI Shinsei Bank, Limited, will be drawn on July 31, 2024, with the first interest payment scheduled for the end of October 2024. Investment risks related to the borrowing remain as previously reported in the Securities Report on July 25, 2024.
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