Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Invincible Investment Corp. > News item |
Invincible Investment debt refinancing includes green loan
Chicago, March 12 – Invincible Investment Corp.’s ¥7.114 billion of new loan arrangements include ¥1.029 billion of borrowings in the form of a new six-year green loan due March 14, 2030, according to a notice.
Interest will be at Tibor plus 60 basis points.
The lenders are Mizuho Bank, Ltd., MUFG Bank, Ltd. Sumitomo Mitsui Trust Bank, Ltd. and Development Bank of Japan Inc.
The agreement date is March 12 with an anticipated borrowing date of March 14.
Proceeds will be used to repay borrowings for the acquisition of Hotel Epinard Nasu, a green building which satisfies eligible criteria under the trust’s green finance framework.
Based in Tokyo, Invincible is a real estate investment trust that invests primarily in hotels and residential assets.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.