TOKYO, Mar 27 (Pulse News Wire) – Liberta CO.,LTD. (4935.T) announced today that its board of directors held on March 27 approved a loan agreement with Mizuho Bank, effective on March 27, 2026.
The agreement includes financial covenants aimed at securing the company's financial stability during the acquisition of Claire Corporation shares. Under the terms of the agreement: - The principal amount of the loan is ¥840 million. - The interest rate is based on the benchmark rate plus a spread. - The repayment deadline is set for March 31, 2031.
- There is no collateral attached to the loan. Financial covenants stipulate that Liberta’s consolidated net assets must remain at least 75% higher than either the fiscal year 2025 balance sheet figure or the previous fiscal year's figure. Additionally, the company must ensure that its ordinary profit does not show consecutive losses across two fiscal periods. Looking ahead, Liberta anticipates minimal impact on its consolidated performance due to this agreement but will promptly disclose any significant developments.
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