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Skylark Holdings Co ( (JP:3197) ) has provided an announcement.
Skylark Holdings Co., Ltd. has announced the execution of a term loan agreement with a credit limit of 50 billion yen to support its mid-term business plan of opening approximately 400 new restaurants by 2027. The agreement, involving multiple financial institutions, is expected to finance capital expenditures without significantly increasing the company’s interest-bearing debt or impacting operational results.
More about Skylark Holdings Co
Skylark Holdings Co., Ltd. is a company based in Musashino City, Tokyo, operating in the restaurant industry. The company focuses on expanding its market presence by opening a significant number of new restaurants both domestically and internationally.
YTD Price Performance: 2.59%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.66B
Learn more about 3197 stock on TipRanks’ Stock Analysis page.
