July 18, 2017 / 7:05 AM / 3 years ago

BRIEF- Kenedix Residential Investment to take out loans of 1.63 bln yen

July 18(Reuters) - Kenedix Residential Investment Corp

* Says it will take out loans of 830 million yen from Sumitomo Mitsui Banking Corporation and 800 million yen from Mizuho Bank, Ltd respectively, on Aug. 1

* Interest rate of one-month TIBOR (Tokyo Inter Bank Offered Rate)+ 0.4 percent and maturity on July 31, 2018

* Proceeds will be used to acquire trust beneficial rights of property

Source text in Japanese:goo.gl/BMEH3S

Further company coverage: (Beijing Headline News)

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