Starts Proceed Investment Corporation
Notice Regarding Borrowing of Funds
Starts Proceed Investment Corporation decided to borrow a 2.7 billion yen Term Loan 3H from multiple banks as of March 31, 2026, with principal repayment scheduled for May 24, 2029.
Key Figures
- Loan Amount: 2.7 billion yen
- Scheduled Loan Date: 2026-03-31
- Principal Repayment Date: 2029-05-24
AI要約
Overview of Borrowing
Starts Proceed Investment Corporation has decided to borrow a 2.7 billion yen Term Loan 3H from multiple banks (Resona Bank, Ltd., Aozora Bank, Ltd., Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., and Chiba Bank, Ltd.) as of March 31, 2026. The purpose of the borrowing is to partially finance the acquisition and related costs of specified assets scheduled to be acquired on March 31, 2026 and April 24, 2026. The loan period is 3 years and 2 months with a floating interest rate (base rate + 0.500%). Principal repayment is scheduled for May 24, 2029, with a lump-sum repayment method at maturity.
Financial Condition and Risks after Borrowing
Following the loan execution, total interest-bearing debt will amount to 55.946 billion yen, an increase of 2.7 billion yen from 53.246 billion yen before execution. The interest-bearing debt ratio rose 1.2 points from 54.0% to 55.2%. No collateral or guarantees have been provided. Regarding risks related to loan repayment, there are no significant changes from the risk disclosures described in the securities report submitted on January 28, 2026.
