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Nippon Accommodations Fund Inc. ( (JP:3226) ) has issued an announcement.
Mitsui Fudosan Accommodations Fund Inc. has arranged a new 1.0 billion yen, unsecured and unguaranteed long-term loan from SBI Shinsei Bank at an interest rate of 2.275%, with a maturity date in January 2036 and a bullet repayment structure. The proceeds are being used to refinance an existing 1.0 billion yen borrowing from The Chugoku Bank that matured in early January 2026, resulting in a modest increase in total interest-bearing debt to 169.7 billion yen and a slight uptick in the interest-bearing debt ratio to 53.8%, while maintaining a predominantly long-term funding profile and leaving the company’s previously disclosed risk outlook unchanged.
The most recent analyst rating on (JP:3226) stock is a Sell with a Yen125000.00 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. is a Japanese real estate investment trust (REIT) focused on residential and accommodation-related properties, managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd. Listed on the Tokyo Stock Exchange, it finances its portfolio mainly through a mix of long-term bank borrowings and investment corporation bonds, maintaining a high ratio of long-term debt to support stable operations in the real estate market.
Average Trading Volume: 4,713
Technical Sentiment Signal: Buy
Current Market Cap: Yen342.9B
Find detailed analytics on 3226 stock on TipRanks’ Stock Analysis page.