TOKYO, May 29 (Pulse News Wire) – Shikibo Ltd. (3109.T) implemented a loan based on a commitment line agreement with 15 financial institutions to efficiently secure operating funds.
The loan was executed on May 29, 2026. Key details of the transaction include: - Total amount of the syndicated commitment line agreement: ¥12.00 billion - Repayment of existing debt: ¥7.760 billion - New borrowing amount: ¥8 billion - Maturity date: June 30, 2026 - Unsecured loan without collateral Financial covenants stipulate maintaining consolidated net assets at or above 75% compared to the previous fiscal year-end balance sheet, and ensuring two consecutive profitable quarters in ordinary income.
Looking ahead, the company expects minimal impact on its performance from this transaction. Any further significant developments will be disclosed promptly.
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