trending Market Intelligence /marketintelligence/en/news-insights/trending/blimfh0qhjs5khzhfuawzw2 content esgSubNav
In This List

Nippon Accommodations to borrow ¥7B for loan repayments

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Nippon Accommodations to borrow ¥7B for loan repayments

Japanese real estate investment trust Nippon Accommodations Fund Inc. secured four loans totaling ¥7.0 billion to repay short-term borrowings of the same value.

Mizuho Bank Ltd. and Sumitomo Mitsui Trust Bank Ltd. will lend ¥3.0 billion and ¥1.0 billion, respectively, at interest rates of 0.07864%.

The 77 Bank Ltd. and Shinkin Central Bank will extend ¥2.0 billion and ¥1.0 billion, respectively, at rates of 0.08364%.

The unsecured and unguaranteed loans, secured May 31, will mature June 29.

As of May 28, US$1 was equivalent to ¥109.36.