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Open House Group Announces New Bond Issuance
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Open House Group Announces New Bond Issuance

Open House Co (JP:3288) has released an update.

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Open House Group Co., Ltd. has announced the issuance of its 2nd unsecured corporate bond, aiming to raise 12 billion yen with a 1.253% interest rate per annum, maturing on July 2, 2027. The funds raised are intended to support increased working capital needs and business expansion. The bond issue, not backed by collateral, will be managed by SMBC Nikko Securities Inc., along with Mizuho Securities Co., Ltd.

For further insights into JP:3288 stock, check out TipRanks’ Stock Analysis page.

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