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Hankyu REIT plans ¥100B bond issuance

Hankyu REIT Inc. filed a shelf registration for ¥100.00 billion worth of investment corporation bonds that it plans to issue from Dec. 19 to Dec. 18, 2019.

Proceeds from the issuance will be used to purchase assets, repay borrowings and security deposits, and redeem investment corporation bonds, among other purposes.

As of Dec. 8, US$1 was equivalent to ¥113.53.