Brief: Japan Prime Realty Investment to issue units for 21.7 bln yen to fund acquisition and repayment

Japan Prime Realty Investment

06/01/2017 06:29

Jan 6 (Reuters) - Japan Prime Realty Investment Corp 
 8955.T   
     
     
    * Says it plans to issue 47,600 units via public offering 
and 2,400 units via private placement for up to 21.7 billion yen 
in total 
    * Says the proceeds to be used to fund property acquisition 
and loan repayment 
    * Says it plans to buy 8.2 percent trusted beneficiary 
rights of Tokyo-based property for 18.4 billion yen  
     
     
    Source text in Japanese:http://rrd.me/bgcTu; 
http://rrd.me/bgcTy 
    Further company coverage: 8955.T  
 
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