Brief: Starts Proceed Investment to sell properties and take out loan to acquire properties

Starts Proceed Investment

07/12/2017 07:13

Dec 7 (Reuters) - Starts Proceed Investment Corp  8979.T   
     
    * Says it will sell properties for 396.9 million yen, 
effective 
Dec. 8  
    * Says it will acquire properties for 3.28 billion yen, 
effective 
Dec. 15  
    * Says it will take out a loan of 2.9 billion yen, on Dec. 
15, to 
acquire properties  
    * Maturity date on May 24, 2022, and interest rate of 
one-month 
TIBOR (Tokyo Inter Bank Offered Rate)+ 0.6 percent  
 
     
    Source text in Japanese:https://goo.gl/KUcfyW; 
https://goo.gl/iBfGF8 
    Further company coverage: 8979.T  
 
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