Premium Group to Liquidate 7.3 Billion Yen Auto Credit Receivables

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2025.02.24 00:55
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Premium Group said its subsidiary, Premium Co., will liquidate 7.3 billion yen in auto credit receivables through Aozora Bank's Positive Impact Finance program, according to a Friday filing on the Tokyo Stock Exchange. The move aims to reduce interest rate risks, optimize assets, and strengthen financial stability. The transaction is set for Feb.27.