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Hulic Co. Announces Issuance of Subordinated Bonds

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Hulic Co. Announces Issuance of Subordinated Bonds

Hulic Co ( (JP:3003) ) has shared an announcement.

Hulic Co., Ltd. announced the issuance of 60 billion yen in unsecured subordinated bonds, known as Hybrid Bonds, through a public offering in Japan, primarily targeting institutional investors. These bonds, rated A by the Japan Credit Rating Agency, feature an initial interest rate of 2.102% and include options for interest deferral and early redemption, potentially impacting the company’s financial strategy and stakeholder interests.

More about Hulic Co

Hulic Co., Ltd. operates in the real estate industry, focusing on property development, leasing, and management. The company is based in Tokyo, Japan, and is listed on the Prime Market under the code number 3003.

YTD Price Performance: 8.94%

Average Trading Volume: 4,580

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $7.14B

For an in-depth examination of 3003 stock, go to TipRanks’ Stock Analysis page.

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