FilingReader Intelligence
Change refinances Fundbook acquisition debt for long-term growth
March 27, 2025 at 11:13 PM UTC•By FilingReader AI
Change Holdings (TSE: 3962) has announced a 12 billion yen refinancing agreement to optimize its capital structure following the acquisition of fundbook Inc. The loan, secured through a syndicated agreement with Sumitomo Mitsui Banking Corporation (SMBC) and SBI Shinsei Bank, replaces existing debt incurred from SMBC in December 2024 to finance the fundbook acquisition and its conversion into a wholly-owned subsidiary.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
TSE:3962•Tokyo Stock Exchange
News Alerts
Get instant email alerts when Change publishes news
Free account required • Unsubscribe anytime