The Chugoku Bank, Ltd. Underwriting of bank-guaranteed private placement bonds (Ito Co., Ltd.)

The Chugoku Bank, Ltd.
Underwriting of bank-guaranteed private placement bonds (Ito Co., Ltd.)
The Chugoku Bank (1-15-20 Marunouchi, Kita-ku, Okayama City, President: Sadanori Kato) will underwrite Ito Co., Ltd.’s
bank-guaranteed private placement bonds and act as its financial agent on Friday, September 30. rice field.
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September 30, 2020
Bank of China, Ltd.
About the underwriting of bank-guaranteed private placement bonds The Chugoku Bank (1-15-20 Marunouchi, Kita-ku, Okayama City, President: Sadanori Kato) will underwrite Ito Co., Ltd.’s
bank-guaranteed private placement bonds and act as its financial agent on Friday, September 30. rice field.
1. Contents of bank-guaranteed private placement bonds
Issue name: Ito Co., Ltd. 30th Unsecured Bonds (guaranteed by the Bank and limited to qualified institutional investors)
Issue amount: 200 million yen
Date of issue: Friday, September 30, 2022
Issue period: 5 years
Repayment method: Lump-sum repayment at maturity
Use of funds: Working capital
Others: Solely underwritten by the Bank
2. Company overview
Location: 177-1 Omura, Miki City, Hyogo Prefecture
Representative: Hideki Ito
Industry: Manufacturing and wholesale of DIY-related products Capital: 95 million yen
Sales: 9,678 million yen (Fiscal year ending August 2021)
Comment: Our company manufactures and wholesales DIY-related products such as carpentry tools, electric tools, work tools, and gardening supplies. Based on diversifying needs, we have gained the trust of the market based on the development of easy-to-use and easy-to-sell products and packaging, and continue to grow steadily. We will continue to aim for development as a forward-thinking product development type manufacturer vendor.
that’s all

Details about this release:
https://prtimes.jp/main/html/rd/p/000000253.000068743.html