Macromill, Inc. Announces Notification of Issuance of Corporate Bonds
June 16, 2021 at 02:00 am EDT
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Macromill, Inc. announced that, it has determined to issue 3rd Domestic Corporate Straight Bond (SB) to be matured in the year 2024, and 4th Series of Domestic Straight Corporate Bond to be matured in the year 2026. Both bonds are targeted for sale to domestic institutional investors. The purpose for issuing the bonds is to enhance Macromill's financial stability by securing diverse means of funding. Its purpose is to establish the capacity for the flexible procurement of funds necessary for the future growth of the Macromill Group in conjunction with funding through indirect financing by financial institutions. Macromill intends to use Yen 5 billion to redeem the 1st Domestic Corporate SB (3Y bond, to be matured in this July) out of the total proceeds of Yen 15 billion and remainder to repay the current borrowings respectively.
MACROMILL, INC. is a Japan-based company engaged in provision of marketing research and digital marketing solutions mainly online. The Company has two business segments. Along with its subsidiaries, MACROMILL Group segment provides online marketing research which includes QuickMill, OrderMill and other research services, qualitative research, database, as well as digital marketing solutions, using the Company's proprietary automatic Internet research system (AIRs). MetrixLab Group segment provides online marketing research, qualitative research, digital marketing solutions through the Internet based on the customer's insight.