Premium Group to Liquidate 7.3 Billion Yen Auto Credit Receivables

Trading View
2025.02.24 00:55
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Premium Group said its subsidiary, Premium Co., will liquidate 7.3 billion yen in auto credit receivables through Aozora Bank's Positive Impact Finance program, according to a Friday filing on the Tokyo Stock Exchange. The move aims to reduce interest rate risks, optimize assets, and strengthen financial stability. The transaction is set for Feb.27.

Premium Group said its subsidiary, Premium Co., will liquidate 7.3 billion yen in auto credit receivables through Aozora Bank's Positive Impact Finance program, according to a Friday filing on the Tokyo Stock Exchange.

The move aims to reduce interest rate risks, optimize assets, and strengthen financial stability. The transaction is set for Feb.27.

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