Leopalace21 (TYO:8848) said its board approved a one-year, unsecured commitment line agreement with Mizuho Bank for up to 10 billion yen, according to a Tuesday filing on the Tokyo Stock Exchange.
The move aims to expand flexible financing options and strengthen the company's financial base. The agreement takes effect on July 31.
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.