TOKYU REIT (JP:8957) has released an update.
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TOKYU REIT, Inc. has announced its plan to engage in long-term debt financing through a Green Loan to repay short-term borrowing, highlighting a strategic move towards sustainable finance. The Green Loan will be used to refinance existing debt related to the acquisition of the Tokyu Bancho Building, meeting green finance criteria. This development reflects TOKYU REIT’s commitment to environmentally aligned financial strategies.
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