MFLP-REIT Manages Debt with Strategic Refinancing

Mitsui Fudosan Logistics Park, Inc. (JP:3471) has released an update.

Mitsui Fudosan Logistics Park Inc. has announced a new round of debt financing for ¥1,500 million at a base rate plus 0.05% interest with The Bank of Fukuoka, Ltd., to be used for bullet repayment of an equivalent amount of borrowing due on July 3, 2024. This strategic financial maneuver will maintain the REIT’s total borrowing and investment corporation bonds at ¥156,700 million, with no material change in their risk profile as previously reported.

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