November 17, 2017 / 1:41 AM / in a month

BRIEF-Money Forward to take out loans of 1 bln yen

Nov 17(Reuters) - Money Forward Inc

* Says it will take out loans of 1 billion yen in total from Sumitomo Mitsui Banking Corporation and Mizuho Bank, Ltd, on Nov. 24, with a term of five years

* Proceeds to be used for Klavis Inc’s shares acquisition and operation fund

Source text in Japanese:goo.gl/FxkfT4

Further company coverage: (Beijing Headline News)

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