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Japan Tobacco Raises Capital Through International Senior Notes Issuance

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Japan Tobacco ( (JP:2914) ) has issued an update.

Japan Tobacco Inc. and its subsidiary JT International Financial Services B.V. have successfully issued senior notes in international securities markets, raising significant capital. The proceeds from these notes, which are listed on the Luxembourg Stock Exchange, will be used to repay interest-bearing debt, potentially strengthening the company’s financial position and enhancing its operational flexibility.

More about Japan Tobacco

Japan Tobacco Inc. (JT) operates in the tobacco industry, focusing on the production and sale of tobacco products. It has a significant market presence both domestically in Japan and internationally through its subsidiaries, including JT International Financial Services B.V., which handles financing operations for the JT Group.

YTD Price Performance: 13.08%

Average Trading Volume: 4,689

Technical Sentiment Signal: Strong Sell

Current Market Cap: $52.98B

See more data about 2914 stock on TipRanks’ Stock Analysis page.

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