Nippon Building Fund refinances ¥2B short-term loan | S&P Global Market Intelligence

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Nippon Building Fund refinances ¥2B short-term loan

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5 Apr, 2017 | 22:22

Nippon Building Fund refinances ¥2B short-term loan

Author Faizan Farooque
Theme Real Estate

Nippon Building Fund Inc. announced the refinancing of a ¥2 billion short term loan due May 8.

The refinancing of the loan, which carries an interest rate of 0.05%, is expected to take place April 7.

As of April 5, US$1 was equivalent to ¥111.18.