Reuters logo
BRIEF-Kenedix Retail Reit to issue units and signs commitment line contract to fund loan repayment and acquisition
March 31, 2017 / 6:48 AM / 8 months ago

BRIEF-Kenedix Retail Reit to issue units and signs commitment line contract to fund loan repayment and acquisition

March 31 (Reuters) - Kenedix Retail Reit Corp:

* Says it plans to issue units via public offering and private placement, aiming to raise up to 20.34 billion yen in total

* Says it signed commitment line contract worth 2 billion yen in total

* Says the proceeds to be used to fund repayment of loans and acquisition of properties

* Says the co will acquire eight properties, based in Yokohama, Chiba, Tokyo, Fukuoka and Shizuoka

* Says the total acquisition price at 32.66 billion yen

Source text in Japanese:goo.gl/Pmulvs; goo.gl/VP8WxN; goo.gl/BxHnBA

Further company coverage: (Beijing Headline News)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below