Starts Proceed Investment Corporation
Notice Regarding Borrowing of Funds
For the purpose of partially funding the acquisition of specified assets, a term loan 3K with a term of 2 years and 2 months of 1,000 million yen will be borrowed. Lenders are Resona Bank, Aozora Bank, and Mizuho Bank. Interest rate is base rate + 0.44%, repayment is lump-sum on November 24, 2028. The borrowing is unsecured and unguaranteed. Concurrently, total interest-bearing debt increases to 56,946 million yen.
Key Figures
- Borrowing amount: 1,000 million yen
- Principal repayment date: 2028-11-24
- Total interest-bearing debt: 56,946 million yen
AI要約
Overview of Financing
Starts Proceed Investment Corporation will borrow a term loan 3K of 1,000 million yen dated October 1, 2026, for the purpose of partially funding the acquisition of specified assets and related expenses. The lenders are Resona Bank, Aozora Bank, and Mizuho Bank. The interest rate is the base rate plus 0.44%, variable. Repayment will be made as a lump-sum at maturity, executed without collateral or guarantee, and the principal is scheduled to be repaid on November 24, 2028.
Financial Impact and Risks
Interest-bearing debt will be 56,946 million yen after the borrowing, and the interest-bearing debt ratio will increase to 55.7%. Total long-term borrowings remain at 10,681 million yen. However, total borrowings will increase to 49,946 million yen. Interest rate fluctuation risk has been disclosed, and future interest rate movements will depend on trends in Zengin Association TIBOR.
Starts Proceed Investment Corporation
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