Latest Tokyo Brief coverage on SUNWELS Co.,Ltd., tracking filings, financial news, and market signals from Japan.
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All nine of SUNWELS' lender banks have agreed to defer ¥574mn of loan principal due between October and March, the company's second repayment extension this year, with interest payments continuing unchanged during the deferral.
Two Sunwels term loans, carrying balances of ¥321mn and ¥549mn, tripped their covenants this quarter, and lenders have only granted a principal repayment pause through September while the Parkinson's-care operator freezes new facility openings and absorbs a reimbursement-fee cut.