ispace ¥5bn syndicated loan (2022)
Development and operation of lunar landers and rovers
Key terms
- Borrower or issuer
- ispace
- Date
- 29 Jul 2022
- Type
- Bank facility
- Amount
- JPY 5bn (US$38m)
- Maturity
- 2025-07-31
Recorded terms
- Structure
- Three-year syndicated loan, bullet repayment
- Lenders and arrangers
- Sumitomo Mitsui Banking Corporation (arranger); Mizuho Bank, MUFG Bank and The Shoko Chukin Bank (co-arrangers); The Shizuoka Bank; 50% of principal guaranteed by SME Support Japan
- Country
- Japan
Parties
- ispace borrower or issuer
- Lenders: Mizuho, MUFG, Shoko Chukin Bank, Shizuoka Bank, SMBC Group
- Public lenders and funders: SME Support Japan (SMRJ)
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 4 Aug 2022 | Hispasat €250m ESG-linked revolving credit facility (2022) | Bank facility | €250m |
| 14 Jun 2022 | Maxar US$2bn amended and restated credit facilities (2022) | Bank facility | US$2bn |
| 13 Jun 2022 | Spire Global US$120m term loan (Blue Torch) | Bank facility | US$120m |
| 30 Sep 2022 | Astroscale ¥5bn term loan from MUFG Bank (2022) | Bank facility | JPY 5bn |
| 4 Mar 2022 | Viasat US$700m term loan B | Bank facility | US$700m |
More from ispace
| Date | Financing | Type | Amount |
|---|---|---|---|
| 9 Sep 2026 | ispace ¥3bn Shizuoka Bank loan (2026) | Bank facility | JPY 3bn |
| 23 May 2025 | ispace ¥10bn Sumitomo Mitsui Banking Corporation loan (2025) | Bank facility | JPY 10bn |
| 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 |
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 receives approximately US$37 million in new financing ispace-inc.com · 29 Jul 2022
About this record
Record ORB-2022-0011, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
