Invincible Investment Corporation (?INV?) announced that the applicable interest rate for the 6-year tranche of New Syndicate Loan (016), which was disclosed in ?Notice concerning Debt Financing (Refinance with Green Loan and Others)? dated December 25, 2024, has been determined. Details are as follows.
6-Year Loan: Lender: MUFG Bank Ltd. Borrowing amount: JPY 2,590.8 million; Interest rate, etc.: 1.65398% Fixed interest rate; Borrowing method: Borrowing based on separate term loan agreement dated December 25, 2024 Unsecured /with no guarantee; Agreement date: December 25, 2024; Anticipated borrowing date: January 16, 2025; Interest payment date: The first payment is due on January 31, 2025, and subsequent payments will be due on the last business day of each month until the principal repayment date, as well as on the principal repayment date; Principal repayment method: Lump-sum repayment on the principal maturity date; Principal maturity date: March 14, 2031.
