Frontier Real Estate Investment Corporation [8964.T]
TOKYO, Apr 07 (Pulse News Wire) – Frontier Real Estate Investment Corporation (8964.T) announced today that it has secured a new loan to refinance its previous short-term borrowing executed on March 09, 2026. The new loan was arranged with Fukuoka Bank for an amount of ¥2 billion, with a fixed interest rate of 0.97373%, and is scheduled for repayment on May 11, 2026.
Additionally, the corporation plans to repay a previously taken short-term loan of ¥2 billion borrowed from Fukuoka Bank on April 09, 2026. Both transactions aim to manage the investment firm's liquidity effectively. As of the latest figures, the total borrowings stood unchanged at 153,700 million yen post-execution of the new loan.
Specifically, the breakdown showed: - Short-term borrowings remained stable at 2,000 million yen. - Long-term borrowings increased to 138,200 million yen. - Corporate bonds maintained their balance at 13,500 million yen.
No significant changes have occurred in the risk profile related to these financing activities since the filing of the securities report on March 30, 2026.
🟡 Confidence: Standard AI-translated content.