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Nippon Accommodations Fund Inc. Secures 3.0 Billion Yen Loan

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Nippon Accommodations Fund Inc. Secures 3.0 Billion Yen Loan

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

Nippon Accommodations Fund Inc. has announced a borrowing of 3.0 billion yen from Sumitomo Mitsui Banking Corporation, with an interest rate of 1.069%, to be repaid by May 2029. This borrowing does not alter the company’s total interest-bearing debt, which remains at 169.5 billion yen, and there is no significant change in the loan repayment risk as per the latest securities report.

The most recent analyst rating on (JP:3226) stock is a Buy with a Yen632000.00 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.

Nippon Accommodations Fund Inc. (NAF) is a real estate investment trust company focusing on investments in accommodation properties. It operates under the management of Mitsui Fudosan Accommodations Fund Management Co., Ltd., and is listed under the Tokyo Stock Exchange with the code 3226.

Average Trading Volume: 5,899

Technical Sentiment Signal: Hold

Current Market Cap: Yen287.2B

See more insights into 3226 stock on TipRanks’ Stock Analysis page.

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