Starts Proceed Investment Corporation (JP:8979) has released an update.
Starts Proceed Investment Corporation (SPI) has successfully completed the early disposition of the Proceed Oizumigakuen property and the premature repayment of a loan amounting to 284.5 million yen, using the proceeds from the sale. The transaction has led to a slight decrease in the company’s short-term loans payable and a marginal reduction in the loan-to-value (LTV) ratio, with no significant changes to the overall financial forecast for upcoming fiscal periods.
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