DB Insurance (KRX:005830) raised its credit limit for subsidiary DB Capital, increasing the loan limit to 59 billion won from 49 billion won, according to a Tuesday filing with the Tokyo Stock Exchange.
The company also extended the maturity to Aug. 31, 2028, from Dec. 26, 2026. The two-year facility will carry interest rates calculated for each drawdown in accordance with fair-trade guidelines, it said.
Shares of DB Insurance jumped more than 6% at market close.
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