The Bank will serve as the underwriter and financial agent for the bank-guaranteed private placement bonds of Ohta Corporation on June 12 (Friday).

1. Details of the Bank-Guaranteed Private Placement Bonds

Bond Name: Ohta Corporation 3rd Unsecured Bonds (Guaranteed by our bank and limited to Qualified Institutional Investors)

Issue Amount: 50 million yen

Issue Date: June 12, Reiwa 8 (Friday)

Bond Term: 3 years

Repayment Method: Lump-sum repayment at maturity

Use of Funds: Working capital

Other: Solely underwritten by our bank.

2. Company Overview

Location: 1252 Omachi, Mure-cho, Takamatsu City, Kagawa Prefecture

Contact: 087-845-4545

Representative: Ki Ohta

Industry: Stainless steel, various steel material processing

Capital: 10 million yen

Sales: 813 million yen (Fiscal Year ending March, Reiwa 8)

Comment: Since our founding in 1943, we have continuously challenged innovation in Japan's manufacturing industry. Currently, as we expand our business from sheet metal and welding to overseas development, we integrate the latest technology with craftsmanship, deliver inspiration through solving customer challenges, support the success of all stakeholders including employees and business partners, and grow into a group that expands globally while cherishing our local community.

Chugoku Bank, Ltd.

Phone Number: 086-223-3111 Public Relations Center: Okajima (Ext. 2255)

FACT BOX

  • Source: PR TIMES
  • Category: Finance
  • Products / services: Bank-guaranteed private placement bonds