Mitsui Fudosan Logistics Park, Inc. (JP:3471) has released an update.
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Mitsui Fudosan Logistics Park Inc. has announced a new debt financing plan, securing 5 billion yen from Mizuho Bank to cover expenses related to its upcoming merger with Advance Logistics Investment Corporation and associated real estate acquisitions. The short-term unsecured loan, with a base interest rate plus 0.035%, is scheduled for repayment in November 2024. This financial move is aimed to support strategic growth through mergers and acquisitions, with no significant change to the company’s overall borrowing status.
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