Brief: United Urban Investment plans new units issuance and term loan
29/11/2016 06:35
Nov 29 (Reuters) - United Urban Investment Corp 8960.T :
* Says it plans to issue 90,000 new units via public
offerings and 12,065 units via private placemen, with details to
be determined
* Says co plans 1.4 billion yen worth of term loan, with
interest rate of one-month TIBOR (Tokyo Inter Bank Offered
Rate)+ 0.3 percent and maturity on Dec. 20, 2024
* Proceeds to be used to fund properties acquisition
* Co completes sale of trust beneficial rights of two
properties at 4,420 million yen on Nov. 29
Source text in Japanese: https://goo.gl/Bo89Et ;
https://goo.gl/0JCqFM ; https://goo.gl/7JhN4y
Further company coverage: 8960.T
(Beijing Headline News)
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