Japan Excellent Secures 3.5 Billion Yen Loan from Mizuho Bank

MT Newswires Live

02/20

Japan Excellent (TYO:8987) secured a 3.5 billion yen loan from Mizuho Bank to help fund the acquisition of Aqua Town Naya-bashi, according to a Friday filing on the Tokyo Stock Exchange.

The one-year floating-rate loan carries interest at JBA one-month Yen-TIBOR plus 0.2% and will be drawn down on Feb. 27, with repayment due on Feb. 26, 2027. The borrowing is unsecured and non-guaranteed.

Following the drawdown, total borrowings will rise to 93.1 billion yen from 89.6 billion yen, bringing total interest-bearing debt to 131.1 billion yen.

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The borrowing is unsecured and non-guaranteed.</p><p>Following the drawdown, total borrowings will rise to 93.1 billion yen from 89.6 billion yen, bringing total interest-bearing debt to 131.1 billion yen.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MFG","symbol_name":"瑞穗金融","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2612268810","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612268810","pubTimestamp":1771577548,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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