Mirai (TYO:3476) has entered into interest rate swap agreements, involving a notional principal of 3.5 billion yen with Sumitomo Mitsui Trust Bank, according to its Tokyo bourse filing last Friday.
Mirai will pay a fixed interest rate of 1.18010% and receive a floating rate based on the JBA three-month Japanese Yen TIBOR, with the swap period running from April 30, 2025, to Nov. 30, 2028.
Price (JPY): $41100.00, Change: $+250, Percent Change: +0.61%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.