Aozora Bank Sets New Share Issuance Date

Aozora Bank (JP:8304) has released an update.

Aozora Bank has finalized July 1, 2024, as the payment date for new shares issued to Daiwa Securities Group as part of a capital and business alliance. The alliance involves the issuance of 21.5 million new common shares at an issue price of JPY 2,415.5 per share, aiming to raise a total of JPY 51.93 billion. This strategic move follows the satisfaction of all pre-set conditions, including necessary regulatory approvals.

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