Industrial & Infrastructure Fund Investment (TYO:3249) set fixed interest rates ranging from 1.728% to 1.998% on refinancing loans totaling up to 13.5 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.
The 1.5 billion yen loan from Sumitomo Mitsui Banking Corporation carries a fixed rate of 1.998% for a 2.9-year term through January 2029.
Loans from MUFG totaling up to 12 billion yen have fixed rates between 1.728% and 1.955%, with terms of about four to five years and maturities extending to August 2031.
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