TOKYO, Mar 25 (Pulse News Wire) – The Global Ltd. (3271.T) announced today that its board of directors approved amendments to credit agreements with SBIG Securities, a subsidiary of parent company SBI Holdings.
The changes extend borrowing periods and adjust interest rates based on market conditions. Under the amended agreement signed on March 28, 2024, the loan amount remains unchanged but the contract period extends from March 28, 2024, to September 30, 2026. Interest rates for real estate acquisition funds and operating capital remain fixed at [NUM_5]% and [NUM_7]%, respectively.
A similar amendment was made to the agreement dated November 21, 2025, extending the term until September 30, 2026, and adjusting the interest rate to [NUM_10]% for real estate acquisitions. The company emphasized measures to protect minority shareholders during related-party transactions, noting that the revised terms align with established policies ensuring fair pricing and transparency. Independent directors confirmed the reasonableness and fairness of the amendments, stating that they benefit future projects without disadvantaging minority stakeholders.
Regarding impact on performance, the company expects minimal effects on its consolidated earnings for the fiscal year ending June 2026.
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