Frontier Real Estate Investment Corporation [8964.T]
TOKYO, Jun 09 (Pulse News Wire) – Frontier Real Estate Investment Corporation (8964.T) announced today that it has decided to borrow funds to repay a previous short-term loan executed on May 11, 2026. The new borrowing will take place on June 11, 2026, with Fukuoka Bank providing a loan amounting to ¥2 billion, due for repayment on July 10, 2026, at a fixed interest rate of 1.12691%.
Additionally, the company plans to repay a short-term loan taken out on May 11, 2026, on June 11, 2026. This loan was also secured from Fukuoka Bank with a principal amount of ¥2 billion, which will be repaid through a lump-sum payment method without collateral or guarantee.
As of the latest update, the total debt balance remains unchanged at ¥153.7 billion, comprising short-term loans of ¥2 billion and long-term loans of ¥138.2 billion. The investment trust bonds remain at their initial value of 13,500 million yen.
Regarding risks associated with the funding activities, the company stated there have been no significant changes since the filing of its securities report on March 30, 2026.
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