TOKYO, May 28 (Pulse News Wire) – IN Holdings CO.,LTD. (132A.T) announced today that its subsidiary, IN Line Corporation, secured a loan from Iyo Bank to fund the establishment of a new switching center in Nagoya.
The purpose of the borrowing is to expand operations in the Chubu region and establish long-distance trunk transportation services. Key details of the funding include: - Borrowing amount: ¥968 million - Interest rate: Variable interest - Scheduled execution date: May 28, 2026 - Term: 25 years - Collateral: Yes - Financial covenants: None Regarding future outlook, the company stated that while the impact on the fiscal year ending October 2026 is expected to be minor, any significant developments will be promptly disclosed.
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