Financing the Construction of a Solar Power Plant in Ishikawa Prefecture through a Syndicated Loan
First written in FY2017-Q3. 1 of 3 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020-Q2.
0 other companies' latest entry also says "Restated".
- FY2020-Q2RestatedAnnual report
「Because the borrowings were repaid early using the transfer proceeds, a derivative cancellation loss of ¥298.126 million was recognized as a one-time expense.」
It has been reconfirmed that the borrowings related to financing for construction of the solar power plant in Ishikawa Prefecture were repaid early using the proceeds from the transfer of the solar power generation facilities. - FY2020-Q1AdvancedAnnual report
「In connection with the transfer of the fixed assets held by the Company and its 3 consolidated subsidiaries, namely solar power generation facilities, under the sale-and-leaseback agreement described above, the Company intends to use the transfer proceeds to make an early repayment of approximately ¥3,687 million in borrowings from Mizuho Bank and terminate the interest rate swap agreement.」
Using the proceeds from the transfer of the solar power generation facilities, the Company made an early repayment of approximately ¥3,687 million in borrowings from Mizuho Bank and also terminated the interest rate swap agreement. - FY2017-Q3First statedAnnual report
「The loan is intended to fund construction of a solar power plant in Shika, Hakui District, Ishikawa Prefecture, as disclosed in the notices titled “Notice Regarding Acquisition of Fixed Assets” and “Notice Regarding Change in Subsidiaries” disclosed on 21 October 2016. ② Facility amount: ¥3.9 billion ③ Contract date: 30 November 2016 ④ Commitment period: 26 January 2017 to 28 December 2018 ⑤ Drawdown date: 31 January 2017 ⑥ Maturity date: 30 December 2033 (scheduled) ⑦ Contract term: 17 years and 3 months from the contract date」
Entered into a ¥3.9 billion committed syndicated loan agreement to finance construction of a solar power plant in Shika, Hakui District, Ishikawa Prefecture. Participating financial institutions are Mizuho Bank, Resona Bank and Sumitomo Mitsui Banking Corporation.