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ORIX JREIT manager extends maturity of ¥7.5B commitment line

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ORIX JREIT manager extends maturity of ¥7.5B commitment line

ORIX JREIT Inc.'s manager, ORIX Asset Management Corp., extended the term of the company's ¥7.5 billion commitment line with Aozora Bank Ltd.

The maturity of the unsecured and non-guaranteed commitment line will be extended to Dec. 27, 2019, from Dec. 28, 2018, the company said in a filing.

As of Dec. 25, US$1 was equivalent to ¥113.22.