GMO Financial Holdings,Inc. [7177.T]
TOKYO, Mar 27 (Pulse News Wire) – GMO Financial Holdings,inc. (7177.T) announced today the conclusion of a syndicated term loan agreement worth ¥7.600 billion.
The agreement was finalized on March 27, 2026 and will run for three years, from March 31, 2026 to March 30, 2029. Key features of the agreement include: - A total amount of __NUM_0__ - Unsecured financing through Mizuho Bank, four regional banks, and one secondary regional bank - The contract includes financial covenants requiring the company's consolidated net assets to remain above 75% of the previous fiscal year-end level starting from the December 2026 balance sheet.
Additionally, ordinary profit should not show consecutive losses over two consecutive fiscal periods beginning from the December 2026 fiscal year. The company stated that the impact of this agreement on its consolidated performance is expected to be minor.
The funds raised will support ongoing efforts to diversify funding sources for sustainable business growth.
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