Leifras raises ¥2.5 billion, diversifying fundraising channels

* Leifras (LFS [https://seekingalpha.com/symbol/LFS]) entered into a commitment line agreement [https://seekingalpha.com/pr/20349076-leifras-notice-regarding-the-conclusion-of-a-commitment-line-agreement-totaling-2_5-billion] totaling ¥2.5 billion with Chikuho Bank and Mizuho Bank as arrangers and agents, respectively.
* The funds are expected to be used for working capital.

MORE ON LEIFRAS

* Leifras prices IPO at $4/ADS, to raise $5M and debut on Nasdaq as "LFS" [https://seekingalpha.com/news/4502860-leifras-prices-ipo-at-4ads-to-raise-5m-and-debut-on-nasdaq-as-lfs]
* Seeking Alpha’s Quant Rating on Leifras Co., Ltd. [https://seekingalpha.com/symbol/LFS/ratings/quant-ratings]
* Financial information for Leifras Co., Ltd. [https://seekingalpha.com/symbol/LFS/income-statement]