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GOR Announces Interest Rates and Swap Agreement for Debt Financing

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GOR Announces Interest Rates and Swap Agreement for Debt Financing

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Global One Real Estate Investment Corporation ( (JP:8958) ) has provided an announcement.

Global One Real Estate Investment Corp. (GOR) has announced the interest rates for its upcoming long-term loans totaling JPY 11,500 million, with fixed rates set for JPY 8,700 million and a floating rate for JPY 2,800 million. To mitigate interest rate fluctuation risks, GOR has entered into an interest rate swap agreement, effectively fixing the floating rate loan at 1.9621%, which is expected to stabilize the company’s financial obligations and enhance its market positioning.

The most recent analyst rating on (JP:8958) stock is a Hold with a Yen151416.00 price target. To see the full list of analyst forecasts on Global One Real Estate Investment Corporation stock, see the JP:8958 Stock Forecast page.

More about Global One Real Estate Investment Corporation

Global One Real Estate Investment Corporation (GOR) is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange. The company focuses on acquiring prime properties in strategic locations, emphasizing large, newly or recently built office buildings. GOR aims to deliver maximum returns to its unitholders by maintaining strong and sustainable competitiveness in the marketplace.

Average Trading Volume: 3,998

Technical Sentiment Signal: Buy

Current Market Cap: Yen141.9B

For an in-depth examination of 8958 stock, go to TipRanks’ Overview page.

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