Financial Partners Group secures JPY 22bn loan
Financial Partners Group (FPG) announced today that it has concluded a loan agreement with financial covenants to acquire real estate for a large-scale project in Shibuya-ku, Tokyo. The loan, amounting to JPY 22.0 billion, was secured from Sumitomo Mitsui Banking Corporation on June 24, 2025, with a final repayment deadline set for December 29, 2028. The agreement contains financial covenants, including maintaining a minimum level of net assets and ensuring no losses are recorded in the consolidated income statement. The loan agreement is a syndicated loan, with other financial institutions expected to participate. FPG stated that this move will have no impact on the earnings forecast for the fiscal year ending September 30, 2025. No collateral was required as part of the loan terms.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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