Samty Residential Investment to finance acquisition of 20.59 bln yen worth properties via loans, unit issue and bonds issue

Industry:    2016-07-12

Samty Residential Investment Corp :

* Says it will buy 20 properties for 20.59 billion yen in total

* Says it will take out 11.2 billion yen from banks

* Says it will issue units via public offering for 10.28 billion yen

* Says it will issue 1 billion yen worth bonds

* Says proceeds will be used for acquisition cost including incidental expenses

Source text in Japanese:goo.gl/RDFsZF; goo.gl/fwGMg6; goo.gl/cIji65; goo.gl/NV7rH6

Further company coverage: (Beijing Headline News)

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