Subsidiary of SYLA Technologies, SYLA Solar Announces Issuance of Series 1 Unsecured Bonds

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TOKYO, March 28, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd.(NASDAQ: SYT) ("SYLA” or "the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced its subsidiary, SYLA Solar Co., Ltd.("SYLA Solar”), has successfully raised 50 million yen in bank guaranteed private placement bonds provided by Aichi Bank, Ltd.

Headquartered in Tokyo, Japan, SYLA Technologies Co., Ltd.(NASDAQ: SYT) ("SYLA” or "the Company”) owns and operates the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, which targets individuals, corporate and institutional investors, as well as high net worth individuals.

Name: Series 1 Unsecured BondsIssue amount: 50,000,000 yenIssue date: March 25, 2024Final maturity date: March 23, 2029Use of funds: Business working capital SYLA Solar Co., Ltd.

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Author / Journalist: SYLA Technologies Co., Ltd.

Category: Technology

Markets: ChinaJapan

Topics: Nasdaq:SYT US8712411052

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 13:00:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 315 words

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Sentences: 13 lines

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News ID: 20543890

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