News Release
Notice of Borrowing (Refinancing) of Funds
- IR
2024/01/17
Link to see PDF ver.
Notice of Borrowing (Refinancing) of Funds
(Translation)
Dear all,
Name of Company: SEGA SAMMY HOLDINGS INC.
Name of Representative: Haruki Satomi,
President and Group CEO, Representative Director
(Code No. 6460, Tokyo Stock Exchange Prime)
Further Inquiry: Makoto Takahashi,
Executive Vice President, Executive Officer,
Managing Director of Corporate Planning Division
(TEL: 03-6864-2400)
Notice of Borrowing (Refinancing) of Funds
SEGA SAMMY HOLDINGS INC. (the Company) hereby notifies that it has resolved to borrow (refinance) funds at its Board of Directors meeting held today as described below.
Description
- Reasons for the Borrowing
The Company will refinance the fund the Company borrowed to cover the cost required for the tender offer of Rovio Entertainment Oyj (Nasdaq Helsinki listed), as notified with “Notice of Borrowing of Funds” announced on August 9, 2023, to long-term debt.
- Overview of the Borrowing
|
(1) |
Form of borrowing |
Term loan |
|
(2) |
Lender |
Arranger and agent: Sumitomo Mitsui Banking Corporation Joint arranger: MUFG Bank, Ltd., Mizuho Bank, Ltd. Participating financial institutions: Aozora Bank, Ltd., SBI Shinsei Bank, Limited, Resona Bank, Limited., The Bank of Yokohama,Ltd., Sumitomo Mitsui Trust Bank, Limited, The Hokuriku Bank, Ltd. |
|
(3) |
Total borrowing amount |
105.0 billion yen |
|
(4) |
Contract day |
January 26, 2024 (plan) |
|
(5) |
Borrowing date |
January 31, 2024 (plan) |
|
(6) |
Borrowing period |
7 years |
|
(7) |
Borrowing rate |
Base rate and spread |
|
(8) |
Repayment method |
Installment payment |
|
(9) |
Collateral |
None |
- Forecast
The impact of this borrowing on the Company’s consolidated results is minimal.
-End-