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AIZAWA SECURITIES GROUP CO. LTD. ( (JP:8708) ) has shared an update.
Aizawa Securities Group Co., Ltd. has resolved to issue its 16th series of unsecured straight bonds, raising ¥1.5 billion through a one-year, publicly offered yen-denominated issue carrying a 1.50% annual coupon and an equity maintenance covenant, with subscriptions to be handled at the head office and all domestic branches of Aizawa Securities Co., Ltd. The proceeds will be used for general working capital, investments and loans including to consolidated subsidiaries, and repayment of existing debt, underscoring the group’s efforts to optimize its funding structure and support ongoing operational and investment needs without pledging collateral or obtaining guarantees.
The most recent analyst rating on (JP:8708) stock is a Hold with a Yen1546.00 price target. To see the full list of analyst forecasts on AIZAWA SECURITIES GROUP CO. LTD. stock, see the JP:8708 Stock Forecast page.
More about AIZAWA SECURITIES GROUP CO. LTD.
Aizawa Securities Group Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, operates in the financial services industry as a securities group, providing brokerage, investment, and related capital markets services to clients in Japan.
Average Trading Volume: 92,145
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen43.03B
For a thorough assessment of 8708 stock, go to TipRanks’ Stock Analysis page.