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The latest announcement is out from Japan Tobacco ( (JP:2914) ).
JT’s foreign subsidiary, JT International Financial Services B.V. (JTIFS), plans to issue new Euro-denominated subordinated bonds to refinance existing bonds. This move aims to strengthen JT’s financial foundation by offering bonds that blend characteristics of both equity and debt, potentially enhancing credit ratings. The issuance is targeted at international markets, excluding the U.S., and proceeds will be used for general corporate purposes, including the tender offer for existing bonds.
The most recent analyst rating on (JP:2914) stock is a Buy with a Yen5322.00 price target. To see the full list of analyst forecasts on Japan Tobacco stock, see the JP:2914 Stock Forecast page.
More about Japan Tobacco
Japan Tobacco Inc. (JT) operates in the tobacco industry, focusing on the production and sale of tobacco products. It is a major player in the international market, with operations extending beyond Japan through its subsidiaries.
Average Trading Volume: 4,368,282
Technical Sentiment Signal: Buy
Current Market Cap: Yen8419.9B
Find detailed analytics on 2914 stock on TipRanks’ Stock Analysis page.