- Region: Europe
- Marine and Aerospace
- Import Loans
- Guarantees
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The Japan Bank for International Cooperation (JBIC, Governor: MAEDA Tadashi) signed today a guarantee agreement (total principal covered by guarantee: JPY25.3 billion) with private financial institutions*1 for the principal and interest of their loans to Japan Airlines Co., Ltd. (JAL).
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This guarantee is intended to support JAL in obtaining financing from private financial institutions to import 2 aircraft from Airbus S.A.S. in France. Thus it will contribute to maintaining and improving 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 people in Japan.
Note
- *1