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The latest announcement is out from Mugen Estate Co., Ltd. ( (JP:3299) ).
MUGEN ESTATE Co., Ltd. announced the issuance of its first series of unsecured corporate bonds, amounting to 36 billion yen, with an interest rate of 2.5% per annum. The proceeds from these bonds will be used to replenish working capital and fund real estate acquisitions, reflecting the company’s ongoing strategic efforts to strengthen its financial position and expand its real estate portfolio.
More about Mugen Estate Co., Ltd.
MUGEN ESTATE Co., Ltd. operates in the real estate industry, focusing on the acquisition, development, and sale of real estate properties. The company is listed on the Tokyo Stock Exchange and is known for its strategic planning and investment in real estate assets.
Average Trading Volume: 91,811
Technical Sentiment Signal: Buy
Current Market Cap: Yen48.58B
See more data about 3299 stock on TipRanks’ Stock Analysis page.