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Japan's Re-Plus files for bankruptcy
September 24, 2008 / 7:14 AM / 9 years ago

Japan's Re-Plus files for bankruptcy

TOKYO, Sept 24 (Reuters) - Japan’s Re-Plus Inc 8936.T said on Wednesday it had filed for bankruptcy protection with 32.6 billion yen ($308.3 million) debts.

The filing came a few days after the real estate fund asset manager said it was having difficulty operating part of its business due to tighter bank lending and a drop in new contracts in its rent-guarantee business. (Reporting by Mariko Katsumura)

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