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Mitsubishi Estate Logistics obtains ¥1.5 billion green loan
Chicago, March 7 – Mitsubishi Estate Logistics REIT Investment Corp. obtained a ¥1.5 billion green loan from Yamaguchi Bank, Ltd., according to a notice.
The borrowing date is March 14. The maturity date is Sept. 1, 2032.
The interest will be based on Tibor plus 31 basis points, with a 0% Tibor floor.
Proceeds will be used for the acquisition of green assets.
Mitsubishi Estate Logistics REIT Investment is a Japan-based closed-end real estate investment trust based in Tokyo.
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