Mori Hills Reit Investment Corporation (JP:3234) has released an update.
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Mori Hills REIT Investment Corporation has finalized borrowings totaling 4,300 million yen for the purpose of refinancing existing long-term loans due at the end of August 2024. The loans, procured as Green Loans in line with MHR’s green finance framework, will be unsecured and due for repayment between 2030 and 2033. This strategic financial maneuver will result in a slight reduction of the company’s long-term loans payable by 1,300 million yen.
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