TOKYO, May 11 (Pulse News Wire) – Kaihan CO.,LTD. (3133.T) announced today that it completed the early repayment of its second tranche unsecured bond on May 8, 2026.
Originally scheduled for July 12, 2027, the total amount of ¥500 million was repaid to EVO FUND. The funds raised through the issuance of the second and third tranches of unsecured bonds and the ninth tranche of warrant shares were allocated as follows: - Operational capital for dining operations and headquarters departments: ¥230 million (February 2026 to May 08, 2026) - Capital contribution to KR ENERGY JAPAN 1st General Partnership for solar power equipment acquisition: ¥470 (February 2026) - Loans to subsidiaries for hydroelectric power plant acquisitions: ¥250 million (March to April 2026) - Loan to subsidiary Kaihan Medical for business expansion: ¥50 (February 2026) Additionally, part of the funding purposes for the second and third tranches of unsecured bonds and the ninth tranche of warrant shares has been revised.
A detailed update will be provided once the review is complete. In terms of future performance impact, the interest-free nature of the unsecured bond means that the effect on the fiscal year ending March 2027 will be minor.
The company plans to continue efforts to reduce debt, improve its financial foundation, and balance growth investments while expanding its businesses and enhancing corporate value.
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