Istyle Inc (3660.T)
18 Aug 2017
* Says it completed issue of new shares via overseas offering on June 21
* Says it will issue 4.2 million new shares at the price of 868.6 yen per share, or 3.65 billion yen in total, through international offering
* Says it plans to issue 4.2 million new shares via overseas offering
* Says it will acquire all shares of MUA Inc., for $9 million (1 billion yen), form Hara Glick, through unit istyle USA, Inc.
* Says it plans to merge with a wholly owned subsidiary Istyle Beauty Solutions Inc.
* Says it takes out a 1-yr term loan of 2.1 billion yen on April 13, to fund acquisition
* Says it will take out a loan of 2,100 million yen from The Bank of Tokyo-Mitsubishi UFJ Ltd, with interest of one month TIBOR (Tokyo Inter Bank Offered Rate) +0.20 percent