Brief: SBI Holdings Inc- Notice Regarding Repayment Of Public Funds By SBI Shinsei Bank
07/03/2025 03:04
March 7 (Reuters) - SBI Holdings Inc 8473.T: SBI HOLDINGS INC- NOTICE REGARDING SIGNING OF "AGREEMENT ON DEFINITIVE REPAYMENT SCHEME"RELATED TO REPAYMENT OF PUBLIC FUNDS BY SBI SHINSEI BANK, LIMITED SBI HOLDINGS INC- SBI SHINSEI BANK WILL CONVERT ALL OF COMMON SHARES HELD BY DEPOSIT INSURANCE CORPORATION OF JAPAN AND RESOLUTION AND COLLECTION CORPORATION INTO PREFERRED SHARES SBI HOLDINGS INC- 100 BILLION YEN WILL BE REPAID AS A SPECIAL DIVIDEND ON PREFERRED SHARES ON MARCH 28 SBI HOLDINGS INC- IN ORDER TO SECURE NECESSARY FUNDS FOR THIS REPAYMENT, SBI SHINSEI BANK WILL RAISE 50 BILLION YEN BY DISPOSING OF ITS TREASURY SHARES TO SBI HOLDINGS Source text: ID:nTSog90099 Further company coverage: 8473.T (Reporting by Rocky Swift) ((rocky.swift@thomsonreuters.com;))
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