Loan for Aircraft Procurement by JSA International U.S. Holdings, LLC, Aircraft Leasing Subsidiary of Mitsubishi HC Capital Inc.
Supporting Aircraft Leasing Business of Japanese Company

• Region: North America
• Marine and Aerospace
• Overseas Investment Loans

1. The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed today a loan agreement amounting to up to USD400 million (JBIC portion) with JSA International U.S. Holdings, LLC (JSA), a U.S. subsidiary of Mitsubishi HC Capital Inc. (Mitsubishi HC Capital). The loan is co-financed with MUFG Bank, Ltd., bringing the total co-financing amount to USD670 million.
     
2. The loan is intended to provide the funds necessary for procuring aircraft for JSA to conduct its aircraft leasing business.
     
3. JSA is a leading U.S.-based aircraft leasing company, which was acquired by Mitsubishi HC Capital in 2013^*1. Aircraft are an indispensable part of social infrastructure, not only for international passenger transportation but also for the transport of critical cargo such as semiconductors and pharmaceuticals. Aircraft leasing companies own approximately half of the world’s commercial aircraft and play an important role in terms of economic security by ensuring a stable supply of aircraft to airlines. Against this backdrop, Mitsubishi HC Capital has positioned aircraft leasing as one of its core business areas with expectations of sustained growth. By promoting the introduction of next‑generation, fuel‑efficient aircraft through JSA, Mitsubishi HC Capital aims to expand its number of aircraft owned and managed while maintaining the quality of its fleet. In doing so, it seeks to secure a competitive advantage and expand profit‑earning opportunities.
     
4. This loan will financially support these aspirations of Mitsubishi HC Capital, thereby contributing toward maintaining and improving the international competitiveness of the Japanese aircraft leasing industry. In addition, by supporting the stable supply of aircraft by JSA, an aircraft leasing company, this loan also enhances Japan’s economic security through the strengthening of international transportation infrastructure.
     
5. As Japan's policy-based financial institution, JBIC will continue to financially support the overseas business expansion of Japanese companies by drawing on its various financial facilities and schemes for structuring projects, and by performing its risk-assuming function, in collaboration with private financial institutions.
     

Note

1. *1 
   JBIC financed part of the necessary funds for Mitsubishi HC Capital to acquire JSA. For details, see Press Release on March 26, 2013. (In April 2021, Mitsubishi UFJ Lease & Finance Company Limited merged with Hitachi Capital Corp., upon which the corporate name changed to Mitsubishi HC Capital Inc.)