Tess Holdings Co.,Ltd.
Notice on the Execution of a Monetary Study Loan Agreement with Financial Covenants for Tes Engineering Corporation
Tes Engineering Corporation, a consolidated subsidiary, has entered into a committed line of credit with financial covenants for working capital funding. Total committed amount is 1,540 million yen, repayment date is October 30, 2026, unsecured. The impact on the current period's consolidated results is expected to be minor.
Key Figures
- Total committed amount: 1,540百万円
- Debt principal: 9,240百万円
- Contract date: 2026年9月11日
AI要約
Section Title
This is a notice regarding Tes Engineering Corporation signing a monetary loan agreement with financial covenants. The contract is a committed line of credit arranged by Sumitomo Mitsui Banking Corporation as lead arranger, with a total committed amount of 1,540 million yen and no collateral. The contract signing date, settlement date, repayment cycle, and financial covenants are stated, and it is intended for working capital funding. The impact on future consolidated results is expected to be minor, and material impacts will be disclosed promptly if they occur.
Section 2 Heading
Looking ahead, the impact on the consolidated results for the 2027 Juneterm is expected to be minor, and the outlook continues with cash management aimed at maintaining financial soundness. The covenants include obligations to maintain certain ratios in the equity section and not to incur ordinary losses, with emphasis on the financial health of the borrower.
Tes Holdings Limited
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