Japan Tobacco Announces New Bond Issuance for Debt Repayment

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Japan Tobacco Announces New Bond Issuance for Debt Repayment

An announcement from Japan Tobacco ( (JP:2914) ) is now available.

Japan Tobacco Inc. has announced the issuance of its 18th and 19th series straight bonds in Japan, totaling 70 billion yen, with terms of 5 and 10 years, respectively. The proceeds from these bonds are intended for repaying interest-bearing debt, which could impact the company’s financial structure and market positioning.

More about Japan Tobacco

Japan Tobacco Inc. (JT) is a global company based in Tokyo, Japan, listed on the Tokyo Stock Exchange. It operates in tobacco, pharmaceutical, and processed food segments, with tobacco being the largest. JT’s products are available in over 130 markets, with brands like Winston, Camel, MEVIUS, and LD. The company focuses on Reduced-Risk Products and has an R&D initiative, D-LAB, to create value-added opportunities.

YTD Price Performance: 6.22%

Average Trading Volume: 2,519

Technical Sentiment Signal: Strong Sell

Current Market Cap: $49.92B

For an in-depth examination of 2914 stock, go to TipRanks’ Stock Analysis page.

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