Senshu Ikeda Holdings Inc. announced that it expects to receive ¥25 billion in funding from a group of investors.
February 22, 2015
Share
Senshu Ikeda Holdings Inc. (TSE:8714) announced a private placement of 25,000,000 1st series class 7 preferred shares at ¥1,000 per share for gross proceeds of ¥25,000,000,000 on February 23, 2015. The transaction will close on April 7, 2015. The transaction will happen through third-party allotment.
The transaction was approved at board of directors meeting of the company.
Senshu Ikeda Holdings Inc is a Japan-based holding company mainly engaged in banking business, as well as securities business, leasing business, credit guarantee business and credit card business. The Company operates through two business segments. The Banking segment includes deposit business, lending business, commodity securities trading business, securities investment business, domestic foreign exchange business, foreign exchange business, trusteeship of corporate bond enrollment and registration business and incidental business. The Leasing segment is involved in the provision of leasing services for industrial machines, machine tools, electronic calculators and office equipment. The Company is also involved in the provision of cash settlement, printing and outsourcing service, temporary staff service, as well as assessment and survey of collateral real estate, development and operation of station automatic teller machines (ATM).
SENSHU IKEDA HOLDINGS, INC. 
