Examples of New Loan in a sentence
Application has been made to the Stock Exchange for a waiver of the requirement of holding a general meeting to approve the New Loan Agreement and to accept the written independent shareholders’ approval pursuant to Rule 14A.43 of the Listing Rules.
Uchisaiwaicho, Chiyoda-ku, Tokyo Representative: Yoshihiro Takatsuka, Executive Director www.ichigo-office.co.jp/english Asset Management CompanyIchigo Investment Advisors Co., Ltd.Representative: Wataru Orii, PresidentInquiries: Hiroto Tajitsu, Head of Administration Tel: +81-3-3502-4891 New Loan and Interest Rate SwapIchigo Office decided today to borrow funds via a new loan (“Term Loan XII”) and to enter into an interest rate swap to lock-in the interest rate on this new loan.
The New Loan will allow ECI Metro to continue to finance its purchase of Caterpillar machinery and spare parts and provide working capital for the ECI Metro Group.
Reference is further made to the Nonprofit Organization New Loan Facility Lender Certifications and Covenants Instructions and Guidance (the “Instructions”) immediately preceding these Nonprofit Organization New Loan Facility Lender Certifications and Covenants.
Reason for New Loan and Interest Rate SwapThe new loan, together with cash-on-hand (JPY 3 million), will be used to repay existing floating interest rate loans (JPY 2.949 billion).