trending Market Intelligence /marketintelligence/en/news-insights/trending/ny7qg53gCzy4x_n6uZCdbA2 content esgSubNav
In This List

Heiwa Real Estate REIT lands commitment line deals worth ¥6B

Blog

Gauging the Impact of Rate Changes, Growth, and Foreign Fluctuations on the US Economy

Blog

2023 Big Picture: US Consumer Survey Results

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise

Blog

Insight Weekly: US companies boost liquidity; auto insurers hike rates; office sector risk rises


Heiwa Real Estate REIT lands commitment line deals worth ¥6B

Heiwa Real Estate REIT has closed commitment line agreements worth a combined ¥6.0 billion.

Sumitomo Mitsui Banking Corp., The Bank of Tokyo-Mitsubishi UFJ Ltd. and Mizuho Bank Ltd. will provide ¥2.5 billion, ¥2.0 billion and ¥1.5 billion of uncollateralized and unguaranteed loans, respectively.

The company will use the funds to acquire new properties and repay loans, according to a release.

The contract period for the loans will run from June 1, 2017, to May 31, 2018.

As of May 25, US$1 was equivalent to ¥111.87.