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An announcement from Nippon Building ( (JP:8951) ) is now available.
Nippon Building Fund Inc. announced a decision to secure a long-term borrowing of ¥5 billion from Mizuho Bank, Ltd. at an interest rate of 0.843%, with repayment due by July 31, 2037. This financing is intended to refinance a short-term borrowing maturing in July 2025, maintaining the company’s overall borrowing levels while transitioning from short-term to long-term debt, which could stabilize its financial structure and reassure investors.
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. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in a diversified portfolio of office buildings in Japan. The company aims to provide stable income and growth opportunities for its stakeholders.
Average Trading Volume: 21,523
Technical Sentiment Signal: Buy
Current Market Cap: Yen1193.7B
For detailed information about 8951 stock, go to TipRanks’ Stock Analysis page.