SBI Leasing Services Co., Ltd.
Notice of Execution of a Loan Agreement with Financial Covenants
Entered into a loan agreement with financial covenants for the purpose of purchasing aircraft for sale to an aircraft leasing business fund. Lender: Hiroshima Bank, principal 4,000 hundred million yen, repayment due date August 16, 2027. Financial covenants require maintaining at least 75% of net assets and recording non-negative ordinary income for two consecutive fiscal periods. Impact on the fiscal year ending March 2027 is expected to be minor.
Key Figures
- Loan principal: 4,000 hundred million yen
- Counterparty: Hiroshima Bank, Ltd.
- Repayment due date: 2027-08-16
AI要約
Key Points
SBI Leasing Services Co., Ltd. entered into a loan agreement with financial covenants for the purpose of financing aircraft purchases. The principal is 4,000 hundred million yen, the lender is Hiroshima Bank, Ltd., and the repayment due date is August 16, 2027. Covenants require maintaining net assets at 75% or more and achieving positive ordinary income for two consecutive periods. The impact on results is expected to be minor.
Future Impact and Risks
While the agreement is expected to have a limited effect on the company's financial condition and cash flow in the near term, the strict covenants requiring net asset maintenance and sustained profitability should be noted. As financing related to an aircraft leasing business fund, this may influence the company's cost of capital structure and financial soundness indicators.
SBI Leasing Services Co., Ltd.
Company overview · Stock price · Financial data · All IR
