Funding through Straight Corporate Bonds and Syndicated Loans for the Redemption of Convertible Bonds Due in 2025
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
2 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「Although the Company redeemed its euro-yen convertible bonds with stock acquisition rights due in 2025, the execution of a syndicated loan, the issuance of straight bonds and the increase in lease liabilities associated with the sale-and-leaseback of production lines at the Kakamigahara Plant resulted in」
In conjunction with the redemption of the convertible bonds, the Company raised approximately ¥12 billion through a syndicated loan and approximately ¥10 billion through straight bonds. At fiscal year-end, long-term borrowings were ¥19,213 million and bonds were ¥46,167 million. - FY2025-H1First statedAnnual report
「On 18 October 2024, the Company issued ¥10 billion of its 3rd unsecured bonds, with the proceeds scheduled to be used in part to redeem its euro-yen convertible bonds with stock acquisition rights due for redemption on 29 January 2025. It also entered into a syndicated loan agreement totaling ¥12 billion to provide part of the funds for redeeming the convertible bonds.」
To redeem the convertible bonds due on 29 January 2025, the Company issued ¥10 billion of straight bonds and entered into a syndicated loan agreement totaling ¥12 billion.