- Region: Others
- Manufacturing and Services
- Overseas Investment Loans
June 22, 2021
The Japan Bank for International Cooperation (JBIC; Governor: MAEDA Tadashi) signed on June 18 five loan agreements with AR Metallizing Group companies of Nissha Co., Ltd. (Nissha), as shown below. The loans are co-financed with private financial institutions.
Borrower Maximum JBIC Portion Total Co-financing Amount Private Financial Institution(s) AR Metallizing N.V., Belgium EUR12 million EUR20 million Mizuho Bank, Ltd.,
KBC Bank N.V.
AR Metallizing S.r.l., Italy EUR4 million EUR9 million UniCredit S.p.a. AR Metallizing GmbH, Germany EUR1.4 million EUR6 million KBC Bank N.V. AR Metallizing Ltd., United States* USD6.830 million USD11.970 million Mizuho Bank, Ltd.,
The loans are intended to finance the funds necessary for the AR Metallizing Group companies to conduct the business of manufacturing and sales of metallized paper*1.
Since its founding in 1929, Nissha has conducted a wide range of businesses including industrial materials, devices, and medical devices by utilizing its unique technologies such as printing and coating technologies. In 2015, Nissha acquired AR Metallizing Group in order to expand its business portfolio by combining the technologies it has cultivated, with new core technologies. Through AR Metallizing Group, Nissha globally manufactures and sells metallized paper for packaging and labeling of a variety of products including beverages, foods, and daily necessities, and it aims to further expand its business. The loan will support Nissha's overseas business expansion, thereby contributing toward maintaining and improving the international competitiveness of Japanese industry.
As Japan's policy-based financial institution, JBIC will continue to provide financial support to assist Japanese companies in the overseas expansion of their businesses by drawing on its various financial facilities and schemes for structuring projects and by performing its risk-assuming function.