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The latest announcement is out from Nippon Building ( (JP:8951) ).
Nippon Building Fund Inc. announced its decision to refinance a short-term borrowing of ¥5 billion from Mizuho Bank, Ltd. at an interest rate of 0.643%, with the repayment due on June 30, 2025. This refinancing is part of the company’s strategic financial management to maintain its current borrowing levels while slightly adjusting its long-term borrowing structure, with no significant change in its total debt profile. The move is expected to have no impact on the investment risks previously reported, ensuring stability for stakeholders.
The most recent analyst rating on (JP:8951) stock is a Hold with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
More about Nippon Building
Nippon Building Fund Inc. is a real estate investment trust (REIT) focused on managing and investing in a diversified portfolio of office buildings and commercial properties in Japan. The company is managed by Nippon Building Fund Management Ltd., which oversees its asset management operations.
Average Trading Volume: 19,782
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1118.4B
See more insights into 8951 stock on TipRanks’ Stock Analysis page.