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SOSiLA Logistics Announces Strategic Refinancing Plan

SOSiLA Logistics Announces Strategic Refinancing Plan

SOSiLA Logistics REIT,Inc. (JP:2979) has released an update.

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SOSiLA Logistics REIT, Inc. has announced a new debt financing plan, securing a long-term loan of 1,320 million yen from Sumitomo Mitsui Banking Corporation, with repayment due by December 10, 2025. This move is structured to refinance an equivalent amount of short-term debt due on July 31, 2024, maintaining the company’s total debt balance unchanged post transaction.

For further insights into JP:2979 stock, check out TipRanks’ Stock Analysis page.

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