April 6, 2018 / 6:50 AM / 7 months ago

BRIEF-Hoshino Resorts REIT to issue new units to raise up to 4.61 bln yen

April 6 (Reuters) - Hoshino Resorts REIT Inc

* Says it plans to issue 8,690 new units via public offering, with payment date on May 1

* Says it plans to issue 434 new units via private placement, with subscription date on May 21 and payment date on May 22

* Says it plans to raise up to 4.61 billion yen in total

* Proceeds will be mainly used to fund acquisition and repay loans

Source text in Japanese: goo.gl/zjBapm

Further company coverage: (Beijing Headline News)

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