Industrial & Infrastructure Fund Investment Corp. announced the applicable interest rates for six loans it is taking on that amount to ¥10.70 billion.
The interest rates were not determined in the initial debt financing notice released in January.
Two respective loans from Mitsubishi UFJ Trust and Banking Corp. and Shinsei Bank Ltd. will have a 0.65500% fixed interest rate, while a rate of 0.48500% will be applied to the loan from Sumitomo Mitsui Banking Corp.
Meanwhile, a fixed 0.83800% interest rate will be applied to the loan from the Development Bank of Japan Inc.; 0.63500% to the loan extended by Mizuho Bank Ltd.; and 0.57171% to the loan from the Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corp. and Sumitomo Mitsui Trust Bank Ltd.
As of March 29, US$1 was equivalent to ¥110.99.