Brief: Hoshino Resorts REIT to issue new units to raise up to 4.61 bln yen

Hoshino Resorts Reit

06/04/2018 07:48

April 6 (Reuters) - Hoshino Resorts REIT Inc  3287.T  
   
    * Says it plans to issue 8,690 new units via public
offering, with
payment date on May 1
    * Says it plans to issue 434 new units via private
placement, with
subscription date on May 21 and payment date on May 22
    * Says it plans to raise up to 4.61 billion yen in total
    * Proceeds will be mainly used to fund acquisition and repay
loans

    Source text in Japanese: https://goo.gl/zjBapm
    Further company coverage: 3287.T 

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