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Renewable Japan Energy Infrastructure Fund takes out loans of 5,645 mln yan

Renewable Japan Energy Infrastructure Fund takes out loans of 5,645 mln yan

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Renewable Japan Energy Infrastructure Fund Inc:

* Says it has taken out a loan of 645 million yen from Sumitomo Mitsui Banking Corporation and Aozora Bank Ltd, at a interest of six months TIBOR (Tokyo Inter Bank Offered Rate) +0.2 percent with maturity on Sep. 28

* Says it has taken out another loan of 5,000 million yen from Sumitomo Mitsui Banking Corporation and Aozora Bank Ltd, at a interest of three months TIBOR (Tokyo Inter Bank Offered Rate) +0.7 percent with maturity on March 28, 2027

* Says proceeds to be used for power station purchasing

Source:TOI
Anand Gupta Editor - EQ Int'l Media Network

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