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8893 — Shin-Nihon Tatemono Co News Story

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Brief: SHIN-NIHON TATEMONO to buy property and to take out 1.33 bln yen loan

Jan 27 (Reuters) - SHIN-NIHON TATEMONO Co Ltd  8893.T  : 
     
    * Says it plans to acquire a plot of land located in 
Kanagawa, at an undisclosed price on Jan. 31 
    * Says co will take out a loan of 1.33 billion yen from bank 
to fund acquisition, with interest rate of one-month TIBOR 
(Tokyo Inter Bank Offered Rate)+ 1.2 percent and maturity on 
Jan. 31, 2023 
     
    Source text in Japanese: https://goo.gl/ehaVvr 
    Further company coverage: 8893.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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