trending Market Intelligence /marketintelligence/en/news-insights/trending/BhNQ_TUQOJdTeN6WUKUl7w2 content esgSubNav
In This List

Nippon Accommodations Fund to borrow ¥9.0B

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends


Nippon Accommodations Fund to borrow ¥9.0B

Nippon Accommodations Fund Inc. will borrow ¥9.0 billion worth of loans priced at 0.06000% to repay short-term borrowings of the same amount, which concluded April 28 and May 8.

The 77 Bank Ltd., Mizuho Bank Ltd. and Resona Bank Ltd. will provide ¥2.0 billion each, while Shinkin Central Bank will fund the remaining ¥3.0 billion.

The loans, being secured May 31, have a maturity date of June 30.

As of May 26, US$1 was equivalent to ¥111.23.