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Frontier Real Estate Boosts Liquidity with Expanded Credit Facility

Frontier Real Estate Investment Corporation Extends Commitment Line Agreement Update Released

2024-11-25 07:31:41
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F
rontier Real Estate Investment Corporation (8964.T) has announced an update regarding its financial arrangements.

    The company has secured a commitment line agreement extension with Mizuho Trust & Banking Co., Ltd. until December 2028, bolstering its financial position and enabling future asset purchases and refinancing. This move ensures access to up to ¥2 billion in unsecured loans, contributing to a total of ¥17.5 billion across multiple lenders.

    For more information on JP:8964 stock performance, visit TipRanks' Stock Analysis page.

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Frontier Real Estate executives sign expanded credit facility agreement in New York.

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