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KDX Realty Investment Sets Fixed Rates on ¥11 Billion Long-Term Debt Financing

Story Highlights
  • KDX Realty Investment secured ¥11 billion in long-term fixed-rate loans from major Japanese banks.
  • The unsecured borrowings, maturing in 2031 and 2032, reinforce funding stability without changing disclosed risk profiles.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KDX Realty Investment Sets Fixed Rates on ¥11 Billion Long-Term Debt Financing

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Kenedix Office Investment Corporation ( (JP:8972) ) has shared an announcement.

KDX Realty Investment Corporation has finalized the interest rates and key terms for a previously announced debt financing under its Series 0042 borrowings, securing a total of ¥11 billion in fixed-rate loans from Mizuho Bank and The Norinchukin Bank. The REIT will borrow ¥8 billion at a 1.81684% fixed rate maturing in January 2031 and ¥3 billion at a 1.93260% fixed rate maturing in January 2032, both on an unsecured, unguaranteed basis with full principal repayment at maturity, a structure that underpins long-term funding stability while leaving its stated investment risk profile unchanged from prior disclosures.

The most recent analyst rating on (JP:8972) stock is a Buy with a Yen201592.00 price target. To see the full list of analyst forecasts on Kenedix Office Investment Corporation stock, see the JP:8972 Stock Forecast page.

More about Kenedix Office Investment Corporation

KDX Realty Investment Corporation is a Japanese listed real estate investment trust (REIT) focused on investing in and operating income-producing real estate assets, managed by Kenedix Real Estate Fund Management, Inc. Its portfolio and financing activities are closely tied to Japan’s institutional lending market, working with major domestic banks to support long-term real estate investment and stable distributions to unitholders.

Average Trading Volume: 8,058

Technical Sentiment Signal: Buy

Current Market Cap: Yen723.3B

See more insights into 8972 stock on TipRanks’ Stock Analysis page.

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