Synspective ¥20bn syndicated term loan (2026)
Manufacture and launch of StriX SAR satellites, backed by the Ministry of Defense satellite constellation project
Key terms
- Borrower or issuer
- Synspective
- Date
- 18 Sep 2026
- Type
- Bank facility
- Amount
- JPY 20bn (US$133m)
- Pricing
- Base rate plus spread
- Maturity
- 2031-12
Recorded terms
- Structure
- Unsecured term loan with a commitment period from 30 September 2026, five years three months, with net asset and liquidity covenants
- Lenders and arrangers
- Mizuho Bank (arranger and agent), Sumitomo Mitsui Banking Corporation, MUFG Bank, The Shoko Chukin Bank, Sumitomo Mitsui Trust Bank, Resona Bank, Aozora Bank, The Shizuoka Bank, The Chiba Bank, The Iyo Bank, The Kiyo Bank, The Hiroshima Bank and The Nishi-Nippon City Bank
- Country
- Japan
Parties
- Synspective borrower or issuer
- Lenders: Mizuho, MUFG, Shoko Chukin Bank, Resona Bank, Aozora Bank, Shizuoka Bank, Chiba Bank, Iyo Bank, Kiyo Bank, Hiroshima Bank, Nishi-Nippon City Bank, SMBC Group, Sumitomo Mitsui Trust Bank
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 9 Sep 2026 | ispace ¥3bn Shizuoka Bank loan (2026) | Bank facility | JPY 3bn |
| 28 Sep 2026 | SKY Perfect JSAT ¥17bn syndicated sustainability-linked loan | Bank facility | JPY 17bn |
| 8 Jul 2026 | EIB €150m Space Lending Facility with Intesa Sanpaolo (with ESA) | Bank facility | €150m |
| 21 May 2026 | ICEYE €300m revolving credit facility (2026) | Bank facility | €300m |
| 3 Apr 2026 | Firefly Aerospace US$45m revolver upsize (to US$305m) | Bank facility | US$45m |
More from Synspective
| Date | Financing | Type | Amount |
|---|---|---|---|
| 20 Feb 2025 | Synspective ¥8.1bn syndicated term loan (2025) | Bank facility | JPY 8.1bn |
Sources
- Synspective TSE disclosure: Notice regarding conclusion of a syndicated loan subject to financial covenants finance-frontend-pc-dist.west.edge.storage-yahoo.jp · 17 Sep 2026
About this record
Record ORB-2026-0021, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
