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Tobu Railway Issues ¥10 Billion in Unsecured Bonds to Strengthen Financial Position

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Tobu Railway Issues ¥10 Billion in Unsecured Bonds to Strengthen Financial Position

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Tobu Railway Co ( (JP:9001) ) has shared an announcement.

Tobu Railway Co., Ltd. has announced the issuance of its 136th series of unsecured bonds, totaling ¥10 billion, with a five-year maturity and an interest rate of 1.433% per annum. This strategic move is expected to bolster the company’s financial position, potentially enhancing its operational capabilities and market competitiveness, while offering investment opportunities to stakeholders.

The most recent analyst rating on (JP:9001) stock is a Buy with a Yen2897.00 price target. To see the full list of analyst forecasts on Tobu Railway Co stock, see the JP:9001 Stock Forecast page.

More about Tobu Railway Co

Tobu Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for providing efficient and reliable rail transport solutions in Japan.

Average Trading Volume: 580,076

Technical Sentiment Signal: Sell

Current Market Cap: Yen551B

For an in-depth examination of 9001 stock, go to TipRanks’ Overview page.

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