Pole To Win Holdings (3657) · InitiativeFirst stated

Borrowing of Contingency Funds for COVID-19

First written in FY2020. . Latest entry: FY2020.

1entries

1years

0from disclosures

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Same theme, other companies

Unsecured fixed-rate borrowing in response to earnings deterioration caused by COVID-19A theme 17 companies write about · 4 as a headwind · 13 as a tailwind

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Full recordFilings, disclosures and news, newest first

FY2020First statedAnnual report
「At a meeting of the Board of Directors held on 31 March 2020, the Company resolved to borrow funds as follows and borrowed the funds on 8 April 2020. (1) Use of funds: Reserve funds to prepare for unforeseen circumstances arising from the impact of COVID-19 (3) Borrowing amount: ¥1 billion (4) Interest rate: Base rate plus spread (5) Drawdown date: 8 April 2020 (6) Repayment date: 7 July 2020」
To prepare for unforeseen circumstances arising from COVID-19, the Company borrowed ¥1 billion on 8 April 2020 on an unsecured and unguaranteed basis.

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