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NTT UD REIT Secures New Debt Finance for Loan Repayment

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NTT UD REIT Secures New Debt Finance for Loan Repayment

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

NTT UD REIT Investment Corporation announced a new debt finance plan to borrow 6,700 million yen through six term loans to repay existing loans maturing in March 2025. This strategic financial move is aimed at maintaining the company’s financial stability and ensuring the continuity of its operations without altering its total interest-bearing liabilities, which remain unchanged at 148,950 million yen.

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 a diversified portfolio of real estate properties. The company is managed by NTT Urban Development Asset Management Corporation, which oversees its asset management operations.

YTD Price Performance: 12.79%

Average Trading Volume: 5,849

Technical Sentiment Signal: Sell

Current Market Cap: Yen199.9B

See more insights into 8956 stock on TipRanks’ Stock Analysis page.

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