Medirom Healthcare Technologies Lands $2.3 Million Loan

MT Newswires Live
Yesterday

Medirom Healthcare Technologies (MRM) said late Monday it obtained a new unsecured short-term bank loan of 350 million Japanese yen ($2.3 million) at a 1.875% annual interest rate.

The health care company said it has used 200 million yen of the proceeds to repay debt of its Medirom Mother Labs unit, with the rest to go toward general working capital.

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