Brief: Japan Excellent to buy property for 11.42 bln yen

Japan Excellent

22/06/2016 07:41

June 22 (Reuters) - Japan Excellent Inc  8987.T :   
     
    * Says it will buy a Tokyo-based property for 11.42 billion 
yen in total 
    * Says it will take out 11.5 billion yen loan for the 
acquisition 
    * Says it will issue units to raise 5.8 billion yen in total 
via public offering and private placement, to pay back part of 
the loan  
     
     
    Source text in Japanese:https://goo.gl/Dr24N5; 
https://goo.gl/U27Ygy; https://goo.gl/xJd2AX 
    Further company coverage: 8987.T  
 
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