ES-CON JAPAN Ltd.
Notice Regarding the Conclusion of a Syndicated Loan Agreement with Financial Covenants
ESCON Corporation will borrow 22.7 billion yen through a syndicated loan on March 27, 2026, executing long-term refinancing until June 28, 2030. Financial covenants include maintaining consolidated net assets at 75% or higher.
Key Figures
- Total Borrowing Amount: 22.7 billion yen
- Borrowing Date: 2026-03-27
- Loan Maturity Date: 2030-06-28
AI要約
Overview of the Syndicated Loan Agreement
At the Board of Directors meeting held on March 24, 2026, ESCON Corporation resolved to enter into a syndicated loan agreement of 22.7 billion yen arranged by Mitsubishi UFJ Bank as refinancing for existing borrowings. The loan is a syndicated term loan, with the borrowing date set for March 27, 2026, and maturity on June 28, 2030. The interest rate is the Zengin Association 1-month TIBOR plus 0.40%.
Financial Covenants and Outlook
This agreement includes financial covenants requiring the consolidated net assets section to be maintained at 75% or more compared to the previous fiscal year-end as of the end of each fiscal period following March 2026. There is no change to the full-year earnings forecast for the fiscal year ending March 2026, and any matters requiring disclosure will be promptly announced.
