TSE:1878Real Estate
Does Daito Trust Construction's ¥140 Billion Syndicated Loan Signal a Shift in Growth Ambitions for TSE:1878?
Daito Trust Construction Co., Ltd. has approved entering into a syndicated loan agreement totaling ¥140.0 billion, arranged by Sumitomo Mitsui Banking Corporation with co-arrangers MUFG Bank and Mizuho Bank, to refinance existing debt and fund expansion of its real estate development business.
This financing, structured into four tranches and featuring interest rates tied to TIBOR, highlights a major capital commitment and signals active growth ambitions within the company.
We'll explore how...