Link and Motivation Inc.
Notice Regarding Conclusion of Syndicated Loan Agreement with Financial Covenants
Link and Motivation Inc. plans to enter into a syndicated loan agreement of 6,000 million yen on February 27, 2026, for treasury stock acquisition funds. The repayment deadline is September 30, 2032.
Key Figures
- Loan Amount: 6,000 million yen
- Agreement Date: 2026-02-27
- Maturity Date: 2032-09-30
AI要約
Overview of the Syndicated Loan Agreement
Link and Motivation Inc. plans to enter into a syndicated loan agreement of 6,000 million yen on February 27, 2026, with financial covenants for the purpose of funding treasury stock acquisition. The borrowing is structured as a credit line agreement with a final maturity date of September 30, 2032. Interest is based on a benchmark rate plus a spread and the loan is unsecured. The arranger and agent bank is Mizuho Bank, Ltd., with participating financial institutions including Mizuho Bank, Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Resona Bank.
Financial Covenants and Future Outlook
This loan agreement includes a financial covenant requiring that operating profit and loss for two consecutive periods, starting with the fiscal year ending December 2026, must not show consecutive losses. The initial assessment will be based on the financial results of the fiscal year ending December 2027 and the immediately preceding period. The company considers the impact on consolidated results for the fiscal year ending December 2026 to be minimal and will promptly disclose any matters that require disclosure in the future.
