TYO:7199

3 stories mentioning TYO:7199Updated 58d ago

Every FINWIRES story that references TYO:7199, newest first.

What's the latest news on TYO:7199?

Premium Group Sets 2.536% Coupon on 2 Billion Yen Retail Bonds

Premium Group (TYO:7199) has fixed an annual interest rate of 2.536% for its first corporate bonds for individual investors, according to a Tokyo bourse filing on Friday.The 2 billion yen second series of unsecured straight bonds has a three-year maturity until Aug. 3, 2029.The bonds will be offered at par (100 yen per 100 yen face value), with a subscription period from July 21 to July 31 and payment on Aug 3. Proceeds will be used for investments and loans to Premium Co.The issuance, rated A- by JCR and lead-managed by SBI Securities and four other firms.

TYO:7199

Asia62d ago

Japanese Shares Close in Red as Fresh US Strikes on Iran Lift Oil Prices

Japanese equities slipped on Monday to close in the red following a rise in crude prices amid renewed US airstrikes on Iran and Tehran's claims to have closed the Strait of Hormuz.The benchmark Nikkei 225 closed down 1,315.00 points, or 1.92%, at 67,242.73.Fears of a rise in oil prices and higher inflation triggered bets on Federal Reserve interest-rate hikes, leading to a sell-off in equities and government bonds.Investors reassessed the economic impact amid escalating geopolitical tensions and slower economic growth expectations.On the corporate side, Premium Group (TYO:7199) finalized terms for its first domestic public bond offering totaling 6.5 billion yen for institutional investors, while also planning a 2 billion yen retail-focused bond, according to a Tokyo bourse filing on Monday.Also, SoftBank (TYO:9434) and Yaskawa Electric (TYO:6506) teamed up with NVIDIA to demonstrate a flexible object-handling system developed by Yaskawa Electric using SoftBank's AI Data Center GPU Cloud as a development platform for physical AI.

Nikkei 225TYO:6506TYO:7199TYO:9434

Asia63d ago

Premium Group Sets Terms for First Bond Issuance, Launches Retail Bonds

Premium Group (TYO:7199) has finalized terms for its first domestic public bond offering totaling 6.5 billion yen for institutional investors, while also planning a 2 billion yen retail-focused bond.The newly launched retail bonds, coined 'car premium bonds', were designed to diversify funding channels and reduce reliance on bank borrowings, according to a Tokyo bourse filing on Monday.The institutional bonds carry a 2.536% coupon with a July 16 payment date, while the retail bonds will offer 2.25% to 2.85% interest, with subscription running from July 21 to 31 and payment date on Aug. 3.

TYO:7199

Track with the FINWIRES app suite

FolioX

Track TYO:7199 in your portfolio

WheelAI

Analyze TYO:7199 options with the wheel strategy

StockInsider

See market sentiment on TYO:7199