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Asahi Life to refinance 50 bil. yen to keep capital level.

Publication: Japan Weekly Monitor
Publication Date: 04-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, May 28 Kyodo

Asahi Mutual Life Insurance Co. plans to refinance some 50 billion yen in loans from several financial institutions, including Dai-Ichi Kangyo Bank, to keep its foundation fund unchanged at 100 billion yen, company officials said Monday.

The refinancing reflects the approach of the July deadline...

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