Star Asia Investment Corp. (JP:3468) has released an update.
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Star Asia Investment Corporation (SAR) has announced a new debt financing initiative, which includes green loans under their Green Finance Framework. The financing involves short-term and long-term unsecured borrowings with floating interest rates from Sumitomo Mitsui Banking Corporation and other lenders. The funds, totaling millions of yen, will be used for various repayment terms, with the first interest payment scheduled for September 30, 2024.
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