LIXIL Corporation Announces Conclusion of Loan Agreement with Financial Covenants

marketscreener
2025.09.19 11:25
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LIXIL Corporation has announced a loan agreement set to conclude on September 25, 2025, aimed at funding business capital and refinancing existing borrowings. The agreement includes a syndicated term loan with a total principal of JPY 77 billion, divided into three tranches with varying maturity dates from 2029 to 2032. Financial covenants require maintaining equity levels and prohibiting business losses for two consecutive fiscal years starting from March 31, 2026.

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