ORIX JREIT Inc. (JP:8954) has released an update.
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ORIX JREIT Inc. has announced the extension of its commitment line contracts with various banks, increasing the maturity dates of existing contracts worth a total of JPY 18 billion. The extensions spread across four contracts with MUFG Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, and Resona Bank, Limited, with the new maturity dates ranging from 2026 to 2027, all unsecured and non-guaranteed. The company has clarified that the investment risks associated with these extensions remain unchanged from those reported in their 44th fiscal period.
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