Source disclosure: February 24, 2026
MAXIS Carbon Efficient Japan Equity ETF [256A.T]
TOKYO, Feb 24 (Pulse News Wire) – MAXIS Carbon Efficient Japan Equity ETF (256A.T) announced today that it has decided to implement a borrowing arrangement based on a commitment line agreement signed with ten financial institutions to efficiently secure operating funds. The borrowing, referred to as "the loan," will take place on February 27, 2026.
It involves repaying existing loans totaling ¥18.00 billion and taking out new loans amounting to ¥18.00 billion. The loan will be interest-free until March 31, 2026 and is unsecured.
Under the financial covenants attached to the agreement, the company must maintain its consolidated net assets at or above the higher of either 20% of the amount recorded at the end of the fiscal year ending March 2025 or 20% of the amount recorded at the end of the previous fiscal year, starting from the fiscal year ending March 2026. Additionally, the company must ensure that ordinary profits are not negative for two consecutive fiscal periods beginning from the fiscal year ending March 2026, both in consolidated and standalone financial statements.
There are no anticipated changes to the company's performance forecast for the fiscal year ending March 2026 due to this borrowing arrangement.
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