Bloomberg News

Innovation Network Said to Plan 119.5 Billion Yen in Loans

May 22, 2012

Innovation Network Corporation of Japan plans 119.5 billion yen in syndicated loans, according to a person familiar with the matter.

The funding, which will be used for investments and acquisitions, comprises a 76 billion yen loan next month and a 43.5 billion yen facility in July, the person said, declining to be identified because the details are private. Mizuho Corporate Bank Ltd. is the arranger on both deals, the person said.

To contact the reporter on this story: Emi Urabe in Tokyo at eurabe@bloomberg.net

To contact the editor responsible for this story: Pavel Alpeyev at palpeyev@bloomberg.net


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