TOKYO, May 22 (Pulse News Wire) – f-code Inc. (9211.T) announced today that its board of directors approved a loan agreement worth ¥410 million on May 22, 2026.
The funds will be used to finance the acquisition of Roombox Inc.'s shares previously disclosed on April 27, 2026. The seven-year loan, secured from Resona Bank, carries an interest rate based on 0.8%. It includes covenants requiring the company to maintain consolidated net assets at least 75% higher than the previous fiscal year-end and avoid consecutive operating losses.
The final repayment date is set for March 31, 2033. In addition to the financial covenants, Roombox Inc. will provide a joint guarantee for the debt.
The company expects the impact on its December 2026 performance to be minor due to the loan's timing and structure.
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