giftee, Inc. (JP:4449) has released an update.
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Giftee Inc. has announced a partial early redemption of its euro yen convertible bonds due in 2026, originally issued in 2021, and plans to borrow funds to facilitate this redemption. The company has scheduled the redemption for December 14, 2024, with a preliminary amount of ¥5.5 billion and will secure necessary financing through multiple financial institutions. This financial maneuver is expected to have a minimal impact on the company’s fiscal year results.
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