Brief: Kenedix Retail Reit to issue units and signs commitment line contract to fund loan repayment and acquisition
31/03/2017 07:47
March 31 (Reuters) - Kenedix Retail Reit Corp 3453.T :
* Says it plans to issue units via public offering and
private placement, aiming to raise up to 20.34 billion yen in
total
* Says it signed commitment line contract worth 2 billion
yen in total
* Says the proceeds to be used to fund repayment of loans
and acquisition of properties
* Says the co will acquire eight properties, based in
Yokohama, Chiba, Tokyo, Fukuoka and Shizuoka
* Says the total acquisition price at 32.66 billion yen
Source text in Japanese:https://goo.gl/Pmulvs;
https://goo.gl/VP8WxN; https://goo.gl/BxHnBA
Further company coverage: 3453.T
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