KDX Realty Secures Green Loans for Debt Repayment
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KDX Realty Secures Green Loans for Debt Repayment

Kenedix Office Investment Corporation (JP:8972) has released an update.

KDX Realty Investment Corporation has secured debt financing of 3,340 million yen through green loans from Sumitomo Mitsui Trust Bank and Development Bank of Japan Inc. These funds, procured at fixed interest rates, will be used to repay existing debts due September 30, 2024, aligning with the company’s Sustainability Finance Framework. The overall interest-bearing debt of the company remains unchanged post-financing.

For further insights into JP:8972 stock, check out TipRanks’ Stock Analysis page.

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