Notice Regarding the Execution of a Syndicated Loan Agreement with Financial Covenants
INTERMESTIC INC. (the filing company), Horus HD株式会社 (the company providing the guarantee)
Syndicated Loan Agreement
To repay the existing borrowings maturing on 31 March 2026, stabilize funding over the medium to long term, and maintain and strengthen the financial base
Arrangement fees of ¥90 million and interest on borrowings will be incurred. The recognition category is Not disclosed, and the interest amount is Not disclosed
Current period
The interest and fees arising from the above borrowings have been incorporated into the earnings forecast for the current fiscal year
The repayment date for the existing borrowings is scheduled for 31 March 2026. The syndicated loan agreement runs from 31 March 2026 to 31 March 2033. The Company plans to borrow ¥6 billion under the separately established committed credit facility before repaying the existing borrowings. The interest and fees have been incorporated into the earnings forecast for the current fiscal year
| Item | Details |
|---|---|
| Event name | Notice Regarding the Execution of a Syndicated Loan Agreement with Financial Covenants |
| Date of occurrence | 24 March 2026 (the date of the board resolution and execution of the agreement) |
| Subject Entity | INTERMESTIC INC. (the filing company), Horus HD株式会社 (the company providing the guarantee) |
| Target Locations / Products | Syndicated Loan Agreement |
| Cause | To repay the existing borrowings maturing on 31 March 2026, stabilize funding over the medium to long term, and maintain and strengthen the financial base |
| Amount of Impact on Business Performance | Arrangement fees of ¥90 million and interest on borrowings will be incurred. The recognition category is Not disclosed, and the interest amount is Not disclosed |
| Accounting period in which recognized | Current period |
| Impact on Earnings Forecast | The interest and fees arising from the above borrowings have been incorporated into the earnings forecast for the current fiscal year |
| Outlook | The repayment date for the existing borrowings is scheduled for 31 March 2026. The syndicated loan agreement runs from 31 March 2026 to 31 March 2033. The Company plans to borrow ¥6 billion under the separately established committed credit facility before repaying the existing borrowings. The interest and fees have been incorporated into the earnings forecast for the current fiscal year |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To repay the existing borrowings maturing on 31 March 2026, stabilize funding over the medium to long term, and maintain and strengthen the financial base.