Japan Logistics Fund (TYO:8967) has secured 5.5 billion yen in new loans from MUFG Bank to refinance maturing debt, according to its Tokyo bourse filing on Wednesday.
The 2.5 billion yen loan carries JBA three-month JPY TIBOR plus 0.33%, matures in August 2033, while the 3 billion yen loan carries JBA one-month JPY TIBOR plus 0.36375% and matures in September 2034, it said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.