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Nippon Building Fund Refinances ¥2.7 Billion Loan Without Increasing Total Debt

Story Highlights
  • Nippon Building Fund secures a new ¥2.7 billion floating-rate loan from MUFG Bank to refinance long-term debt maturing in January 2026.
  • The refinancing shifts ¥2.7 billion from fixed to floating-rate borrowings while keeping Nippon Building Fund’s total debt level unchanged at ¥628 billion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nippon Building Fund Refinances ¥2.7 Billion Loan Without Increasing Total Debt

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An announcement from Nippon Building ( (JP:8951) ) is now available.

Nippon Building Fund Inc. has arranged a new ¥2.7 billion long-term unsecured, unguaranteed bank loan from MUFG Bank at a floating interest rate currently set at 0.956%, with disbursement on January 14, 2026 and repayment in a lump sum on January 15, 2027. The proceeds will be used to refinance an existing long-term borrowing maturing in January 2026, effectively shifting ¥2.7 billion from fixed- to floating-rate debt while keeping the REIT’s total interest-bearing liabilities unchanged at ¥628 billion, and the company states that this transaction does not alter its previously disclosed investment risk profile related to debt repayment.

The most recent analyst rating on (JP:8951) stock is a Buy with a Yen153828.00 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 Japanese real estate investment trust (REIT) listed on the Tokyo Stock Exchange that invests primarily in office and commercial properties. Managed by Nippon Building Fund Management Ltd., the REIT focuses on stable, income-generating real estate assets, using a mix of long-term bank borrowings and bond issuance to optimize its capital structure and financing costs for investors in Japan’s listed property market.

Average Trading Volume: 18,298

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1240.4B

For a thorough assessment of 8951 stock, go to TipRanks’ Stock Analysis page.

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