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Nomura RE Closes Financing Deal for Strategic Asset Purchase

Nomura Real Estate Master (JP:3462) Releases Update on Debt Financing for Nomura Real Estate Master Fund, Inc.

2024-09-20 06:52:26
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N
omura Real Estate Master (JP:3462) has announced an update on its financing plans. The company intends to secure ¥4.52 billion through debt financing to support the acquisition of new assets, including a hotel and rooms in Shin-Osaka. This unsecured loan will be drawn down on October 1, 2024, with repayment due 11 months later. The impact on Nomura Real Estate Master's financial results is expected to be minimal for the fiscal period ending February 2025.

    For more information on JP:3462 stock performance, visit TipRanks' Stock Analysis page.

Nomura RE closes financing deal in Tokyo for strategic asset acquisition.

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