TOKYO, Mar 26 (Pulse News Wire) – Greens CO.,LTD. (6547.T) announced today that it has entered into a syndicated loan amendment agreement effective March 26, 2026.
The move aims to secure stable funding sources further and revise contract terms and final repayment dates based on improved performance. Under the amended agreement, Tranche A's final repayment deadline has been extended from March 31, 2026, to March 29, 2030. The total commitment amount remains unchanged at ¥12.50 billion. The loan structure includes a commitment line and term loan through the syndication method. The interest rate is set at benchmark plus spread, which is variable.
Key participating banks include Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, Chuo Cho Kokuritsu Ginko, Hyobu Bank, Mizuho Bank, and Sanzan Bank. There are no guarantees or collateral associated with the loans. Financial covenants require maintaining net assets at least equal to the higher of the previous fiscal year-end balance sheet figure or June 2024 figures, and avoiding consecutive operating losses. In its outlook, Greens CO.,LTD. stated that the impact on current earnings is expected to be minor.
However, should significant adverse effects arise, the company will promptly disclose such developments.
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