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KDX Realty Secures Fixed Rate for New Debt Financing

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An update from Kenedix Office Investment Corporation ( (JP:8972) ) is now available.

KDX Realty Investment Corporation announced the determination of an interest rate for a debt financing agreement with Sumitomo Mitsui Banking Corporation. The fixed interest rate is set at 1.58834% for a loan amount of 1,500 million yen, with the principal repayment scheduled for April 30, 2032. This financing move is part of KDXR’s ongoing financial strategy and reflects its efforts to manage debt effectively, potentially impacting its financial stability and stakeholder confidence.

More about Kenedix Office Investment Corporation

Kenedix Office Investment Corporation operates in the real estate investment industry, focusing on managing and investing in office properties. The company is part of the broader Kenedix Real Estate Fund Management, Inc., which specializes in real estate fund management services.

YTD Price Performance: 2.26%

Average Trading Volume: 1

Technical Sentiment Signal: Strong Buy

Current Market Cap: €3.77B

For a thorough assessment of 8972 stock, go to TipRanks’ Stock Analysis page.

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