Financial Products : (Update on Disclosure) Notification of Debt Financing
March 18, 2022 at 02:11 am EDT
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March 18, 2022
Company:
Financial Products Group Co., Ltd.
Representative:
Hisanaga Tanimura, CEO & Founder
(Code 7148 on the First Section of the Tokyo Stock Exchange)
Inquiries:
Hiroshi Sakurai, Executive Officer and General
Manager, Corporate Planning Dept.
(TEL. +81-3-5288-5691)
(Update on Disclosure) Notification of Debt Financing
Financial Products Group Co., Ltd. (FPG) announced to borrow the funds in the "Notification of Debt Financing for the Arrangement of the Large-Scale Real Estate Fractional Ownership Investment Product," disclosed on February 18, 2022.
In regard to the above notice, we announce that it has executed a borrowing of funds totaling 13.0 billion yen on March 18, 2022, as described below.
Summary of borrowing funds
Amount of borrowing
JPY 8.5 billion
JPY 4.5 billion
Sumitomo Mitsui Banking Corporation
Lender
Sumitomo Mitsui Trust Bank, Limited
Sumitomo Mitsui Banking Corporation
The Gunma Bank, Ltd.
Borrowing Date
March 18, 2022
March 18, 2022
Final Repayment Date
February 28, 2023
September 29, 2023
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Disclaimer
Financial Products Group Co. Ltd. published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 06:10:06 UTC.
Financial Partners Group Co Ltd is a Japan-based company mainly engaged in fund and financial services business and aviation services business. The Company operates through two business segments. The Funds and Financial Services Business segment is engaged in leasing fund business, real estate fund business, insurance business, mergers and acquisitions (M&A) business, private equity business, trust business, securities business, real estate leasing business and others. The Aviation Services Business segment is engaged in the aviation business. The Company also operates private jet business through subsidiaries.