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Nankai Electric Railway Secures Loan Agreement for Financial Stability

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Nankai Electric Railway Secures Loan Agreement for Financial Stability

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An announcement from Nankai Electric Railway Co., Ltd. ( (JP:9044) ) is now available.

Nankai Electric Railway Co., Ltd. has entered into a monetary loan agreement with financial covenants to secure funds for bond redemption and working capital. The agreement involves a principal debt of ¥35,000 million with a repayment period extending to 2035, and it is expected to have a minor impact on the company’s financial results for the fiscal year ending March 2026.

The most recent analyst rating on (JP:9044) stock is a Buy with a Yen2900.00 price target. To see the full list of analyst forecasts on Nankai Electric Railway Co., Ltd. stock, see the JP:9044 Stock Forecast page.

More about Nankai Electric Railway Co., Ltd.

Nankai Electric Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is known for its extensive railway network in Japan, serving both commuter and regional travel needs.

Average Trading Volume: 295,760

Technical Sentiment Signal: Sell

Current Market Cap: Yen245B

For an in-depth examination of 9044 stock, go to TipRanks’ Overview page.

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