Star Asia Investment Corp. (JP:3468) has released an update.
Star Asia Investment Corporation has announced the full redemption of mezzanine loan debt held in the form of Mezzanine Bonds, which were invested in for diversification and to enhance distributable profits through dividend income. This redemption marks the seventh out of nine mezzanine loan debt investments by the company to be redeemed. The financial impact of this redemption has been accounted for in the operating results forecast for the fiscal periods ending January and July 2025.
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