Reuters logo
BRIEF-Tosei REIT Investment to acquire trust beneficial rights of properties for 9.82 bln yen
October 13, 2017 / 7:34 AM / 2 months ago

BRIEF-Tosei REIT Investment to acquire trust beneficial rights of properties for 9.82 bln yen

Oct 13 (Reuters) - Tosei REIT Investment Corp

* Says it plans to acquire trust beneficial rights of properties from Tosei Corp on Nov. 2, at the price of 9.82 billion yen in total

* Says it plans to take out term loans of 5.3 billion yen on Nov. 2 and may also take out backup loan of 400 million yen

* Says it plans to issue 51,200 new units via public offering to raise 5.14 billion yen, with payment date of Nov. 1

* Says loans and proceeds will be mainly used to fund the acquisition

Source text in Japanese: goo.gl/uyVW9m; goo.gl/rVDd4H; goo.gl/xgtdgK

Further company coverage: (Beijing Headline News)

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