Oriental Land Co (JP:4661) has released an update.
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Oriental Land Co., Ltd. has issued two series of unsecured straight bonds, with the 22nd series valued at JPY 20 billion with a 5-year maturity and a 0.671% coupon rate, and the 23rd series valued at JPY 40 billion with a 7-year maturity and a 0.935% coupon rate. Both bond issues are intended to fund capital investments and are supported by a syndicate of underwriters led by major securities firms, with no collateral backing the bonds.
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