ispace ¥10bn Sumitomo Mitsui Banking Corporation loan (2025)
Working capital for mission development
Key terms
- Borrower or issuer
- ispace
- Date
- 23 May 2025
- Type
- Bank facility
- Amount
- JPY 10bn (US$67m)
Recorded terms
- Structure
- Bilateral loan
- Lenders and arrangers
- Sumitomo Mitsui Banking Corporation
- Country
- Japan
Parties
- ispace borrower or issuer
- Lenders: SMBC Group
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 30 May 2025 | Voyager Technologies US$200m revolving credit facility (2025) | Bank facility | US$200m |
| 13 Jun 2025 | Redwire US$90m term loan for the Edge Autonomy acquisition | Bank facility | US$90m |
| 15 Jul 2025 | AST SpaceMobile US$550m non-recourse delayed-draw term loan for Ligado spectrum | Bank facility | US$550m |
| 31 Mar 2025 | Astroscale ¥3bn commitment line from Resona Bank (2025) | Bank facility | JPY 3bn |
| 22 Jul 2025 | OHB €350m syndicated credit facility (2025) | Bank facility | €350m |
More from ispace
| Date | Financing | Type | Amount |
|---|---|---|---|
| 9 Sep 2026 | ispace ¥3bn Shizuoka Bank loan (2026) | Bank facility | JPY 3bn |
| 15 May 2025 | ispace ¥5bn Mizuho Bank loan (2025) | Bank facility | JPY 5bn |
| 26 Mar 2025 | ispace ¥1.4bn Sumitomo Mitsui Trust Bank term loan (2025) | Bank facility | JPY 1.4bn |
| 31 Jul 2024 | ispace ¥10bn syndicated loan (2024) | Bank facility | JPY 10bn |
| 24 Apr 2024 | ispace ¥7bn Sumitomo Mitsui Banking Corporation bridge and term loans (2024) | Bank facility | JPY 7bn |
| 30 Aug 2023 | ispace ¥3bn Sumitomo Mitsui Banking Corporation loan (2023) | Bank facility | JPY 3bn |
M&A and investment involving ispace
| Date | Deal | Type | Value |
|---|---|---|---|
| 12 Apr 2023 | ispace IPO on Tokyo Growth Market | IPO | JPY 6.73bn |
Sources
- ispace: ispace secures approximately US$70 million in bank financing from Sumitomo Mitsui Banking Corporation ispace-inc.com · 22 May 2025
About this record
Record ORB-2025-0024, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
