trending Market Intelligence /marketintelligence/en/news-insights/trending/qqcght01lu8sayuzdwcvfq2 content esgSubNav
In This List

ORIX JREIT secures ¥5B loan to repay bonds

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


ORIX JREIT secures ¥5B loan to repay bonds

ORIX JREIT Inc. secured two loans totaling ¥5.00 billion to repay the same amount of unsecured bonds due Feb. 8.

Sumitomo Mitsui Trust Bank Ltd. provided ¥3.00 billion, while Sumitomo Mitsui Banking Corp. lent ¥2.00 billion.

Interest rates for both loans were set at one-month Japanese yen Tokyo Interbank Offered Rate plus 0.15%.

The two loans, which will mature Feb. 22, 2021, will be drawn down Feb 8.

As of Feb. 5, US$1 was equivalent to ¥110.10.