June 20, 2017 / 7:17 AM / in a month

BRIEF-Accretive to sign 7.5 bln yen overdraft agreement and 10 bln yen loan agreement

1 Min Read

June 20 (Reuters) - Accretive Co Ltd

* Says it will sign an overdraft agreement for 7.5 billion yen, with Mizuho Bank, Ltd, on June 26

* Says the valid period is from June 30 to Dec. 31

* Proceeds will be used for loan repayment and acquisition fund for debts

* Says it will sign a loan agreement with maximum amount 10 billion yen, with parent company Fuyo General Lease Co Ltd , on June 30

* Says the valid period is from June 30, 2017 to June 30, 2018 (automatically renewed every year)

* Proceeds will be used to develop new business

Source text in Japanese:goo.gl/iWRw8g

Further company coverage: (Beijing Headline News)

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