XYMAX REIT Investment Corp. (JP:3488) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
XYMAX REIT Investment Corporation announced it will borrow 186 million yen from Mizuho Bank, Ltd. at a base rate plus 0.15000%, with the funds earmarked for acquiring a 20% interest in karaksa hotel Sapporo and associated expenses. The short-term loan will mature on January 31, 2025, increasing the company’s total interest-bearing debt to 19,901 million yen.
For further insights into JP:3488 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue