TOKYO, Mar 13 (Pulse News Wire) – Smart ESG 30 Empowering Women Net Return ETN (207A.T) announced today that its board of directors approved a term loan agreement with Kii Bank to finance the acquisition and development of fixed assets. The loan, which includes a commitment period, was agreed upon to fund the purchase of the Kumamoto Energy Village Battery Storage Facility.
Key details of the transaction include: - Borrowing amount: ¥568 million - Interest rate: Prime rate plus spread - Contract signing date: March 25, 2026 (expected) - Commitment period: April 1, 2026 to May 31, 2027 - Repayment method: Equal principal payments over 202 installments post-commitment period, with final adjustment payment Additionally, the company plans to secure financing for another asset, the Okayama Energy Village Battery Storage Facility, but specifics remain undetermined. Any further developments will be disclosed promptly.
Looking ahead, while the impact on the current fiscal performance is expected to be minor, Smart ESG 30 Empowering Women Net Return ETN will continue to update stakeholders on significant changes.
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