- Region: North America
- Marine and Aerospace
- Import Loans
- Guarantees
July 30, 2015
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The Japan Bank for International Cooperation (JBIC; Governor, CEO: Hiroshi Watanabe) signed today a guarantee agreement (principal covered by guarantee: about JPY5.9 billion) with 8 private financial institutions for the principal and interest of their loan to TLC Asset Co., Ltd. (TLC Asset).
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This loan is intended to support the borrowing from private financial institutions of the funds required to import an aircraft from The Boeing Company in the U.S., to be leased to ANA HOLDINGS INC. by TLC Asset. and operated by the ANA Group, thereby contributing to maintaining and strengthening the international competitiveness of the Japanese aviation industry.
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As Japan's policy-based financial institution, JBIC will continue to provide financial support for the import of aircraft that are indispensable for the lives of the Japanese people.