Showa Denko Announces Fundraising, Capital Reduction of the Consolidated Subsidiary and Change in the Specified Subsidiary Company

Written by ACN Newswire - Press Releases

TOKYO, Apr 21, 2020 - (JCN Newswire) - At its board of directors meeting held on April 21, 2020, Showa Denko K.K. ("Showa Denko") decided to execute a money consumption loan agreement with Mizuho Bank, Ltd. ("Mizuho Bank") for fundraising purposes.

In addition, with respect to Showa Denko and its wholly-owned subsidiary, HC Holdings K.K. ("HC

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