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NTT UD REIT Secures 2 Billion Yen Loan for Debt Repayment

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NTT UD REIT Secures 2 Billion Yen Loan for Debt Repayment

Confident Investing Starts Here:

The latest announcement is out from NTT UD REIT Investment Corporation ( (JP:8956) ).

NTT UD REIT Investment Corporation announced a new debt finance arrangement to secure a 2,000 million yen short-term loan from Mizuho Bank. This loan will be used to repay an existing loan maturing at the end of June 2025. The transaction will not alter the company’s total interest-bearing liabilities, maintaining its current financial structure and risk profile.

More about NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation operates within the real estate investment trust (REIT) industry, focusing on managing and investing in real estate assets. The company is part of the NTT Urban Development Asset Management Corporation, which oversees its asset management activities.

Average Trading Volume: 3,602

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen195.5B

Learn more about 8956 stock on TipRanks’ Stock Analysis page.

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