LaSalle LOGIPORT REIT Completes Acquisition of Domestic Corporate Bonds Worth 3 Billion Yen

MT Newswires Live12-12

LaSalle LOGIPORT REIT (TYO:3466) said it has completed the acquisition of specified corporate bonds B of LLHC TMK for 3 billion yen, according to a Friday filing on the Tokyo Stock Exchange.

The acquisition is part of a previously disclosed restructuring of the REIT's indirect investment projects, which included the purchase of preferred shares and partial redemption of other assets, the company said.

The bonds were acquired on Dec. 12, with the transaction executed through the TMK entity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment