The issue of the notes is expected to be completed on March 29.
The manager of Parkway Life REIT (PLife REIT) has priced JPY3.3 billion ($41.3 million) worth of six-year senior unsecured fixed rate notes due 2027.
The notes, which are denominated in JPY, will carry a coupon of 0.51% per annum, and will be drawn down under Parkway Life MTN’s $500 million Multicurrency Debt Issuance Programme.
