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SANKEI REAL ESTATE Inc. Announces Refinancing Plan

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SANKEI REAL ESTATE Inc. Announces Refinancing Plan

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An announcement from SANKEI REAL ESTATE Inc. ( (JP:2972) ) is now available.

SANKEI REAL ESTATE Inc. announced a refinancing decision involving a long-term loan of 5,500 million yen with a loan syndicate arranged by Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation. This refinancing aims to repay an existing loan of 6,200 million yen due on September 2, 2025. The refinancing will slightly reduce the company’s total long-term loans and is expected to have no significant impact on investment risks as per their recent securities report.

More about SANKEI REAL ESTATE Inc.

SANKEI REAL ESTATE Inc. operates in the real estate investment trust industry, focusing on managing and investing in real estate properties. The company is involved in asset management through its subsidiary, Sankei Building Asset Management Co., Ltd., and is listed on the Tokyo Stock Exchange under the code 2972.

Average Trading Volume: 966

Technical Sentiment Signal: Buy

Current Market Cap: Yen45.12B

See more insights into 2972 stock on TipRanks’ Stock Analysis page.

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