Daiwa House REIT Investment (TYO:8984) has set the interest rate for a 1 billion yen long-term loan at a fixed rate of 3.0655%, effective Sept. 28.
The loan, disclosed earlier on Sept. 18, will be provided by the Development Bank of Japan over a 4.5-year borrowing period, according to a Tokyo bourse filing on Thursday.
The loan will be repaid in a bullet repayment on March 31, 2031, and is unsecured and non-guaranteed.
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