Muraki Murasaki Corp Secures Loan for Emergency Response Project
TOKYO, Jul 28 (Pulse News Wire) – Muraki Corporation (7477.T) announced on July 28 that its board of directors had approved a loan agreement aimed at securing liquidity and maintaining cash positions for emergency responses. The purpose of the loan, detailed in a previous notice dated May 14, involves ensuring stable supplies of petroleum products across national service stations.
The loan particulars are as follows: - Borrowing institution: Chukyo Shoko Ginko Co., Ltd. - Amount: ¥100 million - Interest rate: Variable interest - Term: Three years - Expected execution date: August 2026 - Collateral: Unsecured and unguaranteed Regarding future outlook, the company anticipates minimal impact on its fiscal year ending March 2027.
Any significant developments related to this loan will be disclosed promptly.
