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Latest Tokyo Brief coverage on The Chiba Bank, Ltd., tracking filings, financial news, and market signals from Japan.
TSE:8331
The Chiba prefecture lender is borrowing $300mn from international investors for five years at a fixed 4.863%, a Reg S deal rated A1 by Moody's Japan and listed in Singapore rather than sold to US buyers.
The move: shareholders approved a 28 yen year-end dividend worth ¥19.54bn and a ¥25bn transfer into general reserve, while re-electing president Tsutomu Yonemoto and a 10-director slate.