Nippon Accommodations Fund Inc. ( (JP:3226) ) has issued an update.
Nippon Accommodations Fund Inc. has announced a borrowing of 2 billion yen from Sumitomo Mitsui Trust Bank, Limited, with an interest rate of 0.83682%, to be repaid by May 30, 2025. This borrowing does not alter the company’s total interest-bearing debt or its financial ratios, indicating a stable financial position without significant impact on its operations or risk profile.
More about Nippon Accommodations Fund Inc.
Nippon Accommodations Fund Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing residential properties in Japan. The company is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., which specializes in real estate investment management.
YTD Price Performance: -3.58%
Average Trading Volume: 1,043
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen285B
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