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NTT UD REIT Secures Debt Finance for Loan Repayment

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NTT UD REIT Secures Debt Finance for Loan Repayment

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NTT UD REIT Investment Corporation ( (JP:8956) ) has provided an update.

NTT UD REIT Investment Corporation has announced its decision to secure a debt finance arrangement to repay a maturing loan of 2,000 million yen. This financial move involves borrowing a short-term loan from Sumitomo Mitsui Trust Bank and Mizuho Bank, ensuring stability in its financial operations without altering its overall interest-bearing liabilities.

More about NTT UD REIT Investment Corporation

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

YTD Price Performance: 12.88%

Average Trading Volume: 5,503

Technical Sentiment Signal: Sell

Current Market Cap: Yen199B

For a thorough assessment of 8956 stock, go to TipRanks’ Stock Analysis page.

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