FOR IMMEDIATE RELEASE
Lasertec Corporation
2-10-1Shin-yokohama,Kohoku-ku, Yokohama
(Tokyo Stock Exchange 1st Section, Code 6920)
Announcement Regarding the Decision to Enter into a Commitment Line Agreement
Yokohama, November 29, 2021 - Lasertec Corporation hereby announces that at the Board of Directors meeting held today, the company reached a resolution to enter into a commitment line agreement.
1. Reasons for the Commitment Line Agreement
The company will enter into a Commitment Line Agreement to strengthen its financial management by securing a flexible and stable means of financing to meet the increased capital requirement needed for future business development.
2. Summary of the Commitment Line Agreement
(1) | Commitment Amount | 40 billion JPY |
(2) | Effective Date | December 27, 2021 |
(3) | Agreement Type | Syndication agreement |
(4) | Agreement Period | Three years |
(5) | Collateral and Guarantee | Uncollateralized and unguaranteed |
(6) | Arranger | MUFG Bank, Ltd. |
(7) | Participant Financial Institutions | MUFG Bank, Ltd. |
Sumitomo Mitsui Banking Corporation |
Contact for Inquiries: Yutaro Misawa General Manager
Corporate Planning Department Phone: +81-45-478-7111https://www.lasertec.co.jp
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Disclaimer
Lasertec Corporation published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 08:39:01 UTC.