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7 months ago
BRIEF-Japan Prime Realty Investment to issue units for 21.7 bln yen to fund acquisition and repayment
January 6, 2017 / 6:32 AM / 7 months ago

BRIEF-Japan Prime Realty Investment to issue units for 21.7 bln yen to fund acquisition and repayment

Jan 6 (Reuters) - Japan Prime Realty Investment Corp

* Says it plans to issue 47,600 units via public offering and 2,400 units via private placement for up to 21.7 billion yen in total

* Says the proceeds to be used to fund property acquisition and loan repayment

* Says it plans to buy 8.2 percent trusted beneficiary rights of Tokyo-based property for 18.4 billion yen

Source text in Japanese:rrd.me/bgcTu; rrd.me/bgcTy

Further company coverage: (Beijing Headline News)

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