Nareru Group Inc. (JP:9163) has released an update.
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Nareru Group Inc. is set to refinance funds due to an extended commitment line period, following a syndicated loan agreement with Sumitomo Mitsui Banking Corporation. The extension allows the company to adjust the maturity date for its Tranche B loan, which now extends to October 31, 2025. This strategic move is expected to have a minor impact on Nareru’s consolidated financial results for the fiscal year ending October 2024.
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