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ORIX JREIT Secures 5 Billion Yen in New Debt Financing

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ORIX JREIT Secures 5 Billion Yen in New Debt Financing

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The latest update is out from ORIX JREIT Inc. ( (JP:8954) ).

ORIX JREIT Inc. has announced a new debt financing arrangement totaling 5 billion yen with MUFG Bank and Sumitomo Mitsui Trust Bank. This financing will be used for future asset acquisitions, increasing the company’s short-term loans and slightly raising its loan-to-value ratio, which may impact its financial strategy and stakeholder interests.

The most recent analyst rating on (JP:8954) stock is a Buy with a Yen103000.00 price target. To see the full list of analyst forecasts on ORIX JREIT Inc. stock, see the JP:8954 Stock Forecast page.

More about ORIX JREIT Inc.

ORIX JREIT Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing a diversified portfolio of real estate assets. The company is managed by ORIX Asset Management Corporation and is listed on the Tokyo Stock Exchange.

Average Trading Volume: 13,570

Technical Sentiment Signal: Buy

Current Market Cap: Yen548.1B

For detailed information about 8954 stock, go to TipRanks’ Stock Analysis page.

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