Japan Excellent Inc. plans to issue ¥100.00 billion worth of investment corporation bonds between Feb. 9, 2018, and Feb. 8, 2020.
The office real estate investment trust filed a shelf registration statement with the commissioner of the Kanto Local Finance Bureau for the issuance.
The funds will be used to acquire, maintain and operate certain assets; repay borrowings; and redeem investment corporate bonds, among other things.
As of Jan. 31, US$1 was equivalent to ¥109.27.
