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8985 — Japan Hotel REIT Investment News Story

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Brief: Japan Hotel Reit Investment to issue 9th series unsecured bonds worth 1 bln yen

Nov 2 (Reuters) - Japan Hotel Reit Investment Corp  8985.T   
     
    * Says it will issue 9th series unsecured corporate bonds 
worth 1 
billion yen, with coupon rate of 0.53 percent per annum  
    * The bonds are each with face value of 100 million yen, 
issue 
price at 100 yen per face value of 100 yen, maturity date on 
Nov. 22, 2024  
    * Subscription date on Nov. 2 and payment date on Nov. 24  
    * SMBC Nikko Securities Inc., Mizuho Securities Co., Ltd. 
and 
Daiwa Securities Co.Ltd. will serve as underwriters 
    * Proceeds will be used for loan repayment  
 
     
    Source text in Japanese:https://goo.gl/dmZxw5 
    Further company coverage: 8985.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111; 
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))

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