SBI Leasing Services to Provide Bridge Financing for Operating Lease Fund
TOKYO, Aug 05 (Pulse News Wire) – SBI Leasing Services CO.,LTD. (5834.T) announced today that its board of directors has decided to implement bridge financing for a JOLCO product related to operating lease funds targeting ships.
The financing will be directed towards a wholly-owned subsidiary SPC of the company. The total amount of the bridge financing is expected to be approximately ¥12.00 billion. The funding is scheduled to take place from August 2027 to January 2028.
This temporary financing is necessary to facilitate the sale of the operating lease fund products. According to the company, this transaction will not impact the fiscal year ending March 2027. However, the potential effects on future performance beyond March 2028 are currently being evaluated.
Should there be any significant developments requiring timely disclosure, the company pledges to inform stakeholders promptly.
