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 |