tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ORIX JREIT Secures New Debt Financing for Loan Refinancing

Story Highlights
ORIX JREIT Secures New Debt Financing for Loan Refinancing

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

ORIX JREIT Inc. ( (JP:8954) ) just unveiled an announcement.

ORIX JREIT Inc. has announced a new debt financing arrangement with the Development Bank of Japan Inc., securing a loan of 3,000 million yen at a fixed interest rate of 1.229%. The proceeds from this financing will be used to refinance existing long-term loans, maintaining the company’s interest-bearing liabilities and loan-to-value ratio unchanged. This move is part of ORIX JREIT’s ongoing financial strategy to optimize its capital structure and ensure stable financial operations.

The most recent analyst rating on (JP:8954) stock is a Hold with a Yen180000.00 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 managing a diversified portfolio of real estate assets. The company is known for its strategic asset management and investment in various property sectors to maximize returns for its stakeholders.

Average Trading Volume: 7,025

Technical Sentiment Signal: Buy

Current Market Cap: Yen528.3B

See more insights into 8954 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1