Mitsubishi Estate Logistics REIT Secures 5.5 Billion Yen Debt Financing
Mitsubishi Estate Logistics REIT Investment (TYO:3481) has secured debt financing from Mizuho Bank, totalling 5.5 billion yen, according to its filing on Wednesday.
The borrowings, which will have a floating interest rate of the base rate plus 0.0700%, are scheduled for Sept. 19 and Sept. 30.
These funds will be used to repay existing borrowings of the same amounts maturing on Sept. 19, and Sept. 3.
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