MIRAI Corporation (JP:3476) has released an update.
MIRAI Corporation has strategically managed its financial liabilities by borrowing and repaying 0.5 billion yen ahead of schedule, aiming to consolidate its interest-bearing debts and diversify repayment deadlines. The new loan, with a five-year term and a base interest rate plus 0.270%, will replace an existing short-term loan with a higher interest rate of base rate plus 0.700%. This financial maneuver is designed to maintain MIRAI’s long-term debt profile without increasing its total interest-bearing debt.
For further insights into JP:3476 stock, check out TipRanks’ Stock Analysis page.