Japan Real Estate Investment Corporation [8952.T]
TOKYO, May 15 (Pulse News Wire) – Japan Real Estate Investment Corporation (8952.T) announced today that its board of directors approved a comprehensive resolution to issue unsecured investment trust bonds up to ¥100.0 billion. The issuance period will run from May 15, 2026, to November 30, 2026, allowing multiple offerings and foreign-currency denominated issues, which would be converted to yen based on the initial exchange rate of the currency swap.
Each bond will have a face value of ¥100.0 billion, with foreign-denominated bonds requiring a minimum yen equivalent amount to meet the condition of not setting aside collateral. The company plans to allocate funds raised through these bonds towards acquiring specific assets, maintaining and operating those assets, repaying loans, redeeming existing bonds, and general operational expenses.
No guarantees or collateral will be attached to the bonds, and there will be no reserved assets specifically set aside for their repayment.
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