tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mitsui Fudosan Accommodations Fund Inc. Announces New Borrowing for Loan Repayment

Story Highlights
Mitsui Fudosan Accommodations Fund Inc. Announces New Borrowing for Loan Repayment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Nippon Accommodations Fund Inc. ( (JP:3226) ) is now available.

Mitsui Fudosan Accommodations Fund Inc. has announced a new borrowing of 0.7 billion yen from The Chiba Bank, Ltd., with the funds being allocated to repay a previous loan of 1.0 billion yen. This transaction slightly reduces the company’s total interest-bearing debt from 168.5 billion yen to 168.2 billion yen, maintaining a stable interest-bearing debt ratio and indicating a strategic financial management approach.

The most recent analyst rating on (JP:3226) stock is a Hold with a Yen127605.00 price target. To see the full list of analyst forecasts on Nippon Accommodations Fund Inc. stock, see the JP:3226 Stock Forecast page.

More about Nippon Accommodations Fund Inc.

Mitsui Fudosan Accommodations Fund Inc. (MAF) operates in the real estate investment trust industry, focusing on accommodations. It is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., and is listed on the Tokyo Stock Exchange under the code 3226.

Average Trading Volume: 5,057

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen310.6B

For a thorough assessment of 3226 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1