Brief: Tosei REIT Investment to acquire trust beneficial rights of properties for 9.82 bln yen
13/10/2017 08:29
Oct 13 (Reuters) - Tosei REIT Investment Corp 3451.T
* Says it plans to acquire trust beneficial rights of
properties from Tosei Corp 8923.T on Nov. 2, at the price of
9.82 billion yen in total
* Says it plans to take out term loans of 5.3 billion yen on
Nov. 2 and may also take out backup loan of 400 million yen
* Says it plans to issue 51,200 new units via public
offering to raise 5.14 billion yen, with payment date of Nov. 1
* Says loans and proceeds will be mainly used to fund the
acquisition
Source text in Japanese: https://goo.gl/uyVW9m;
https://goo.gl/rVDd4H; https://goo.gl/xgtdgK
Further company coverage: 3451.T 8923.T
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