- Region: North America
- Marine and Aerospace
- Import Loans
- Guarantees
March 31, 2015
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The Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Watanabe) signed a guarantee agreement (principal covered by guarantee: JPY13,384 million) with private financial institutions*1 for the principal and interest of their loan to Japan Airlines Co., Ltd. (JAL)
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This loan is intended to support the borrowing from private financial institutions funds required to import aircraft to be operated by JAL from The Boeing Company in the U.S., 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.
Note
- *1 A total of 18 financial institutions, including The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation.