Star Asia Investment Corporation announced on April 12, 2024 that it has decided to execute debt financings. Details of the Debt Financing: Term: Long-term borrowings; Lender: A syndicate of lenders with Sumitomo Mitsui Banking Corporation and Mizuho Bank Ltd. as arrangers; Borrowing amount: JPY 8,000 million; Interest Rates: Floating, Base interest rate (JPY 3M TIBOR) 0.70%; Expected Date of Borrowings: April 22, 2024; Principal Repayment Date: April 30, 2030; Repayment Method: Lump sum Repayment on principal repayment date; Security: Unsecured and Unguaranteed.
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