Aozora Bank Arranges Syndicated Loan to JRTT
OREANDA-NEWS. Aozora Bank, Ltd. announced that a syndicated loan contract with the Japan Railway Construction, Transport and Technology Agency ('JRTT') totaling 45 billion yen had been signed today following the Bank's selection as arranger and agent for December 2013.
The Bank has taken full advantage of its nationwide network of regional financial institutions in matching the funding needs of JRTT with the lending needs of these institutions, and this syndicated loan was granted through the cooperation of 28 banks and credit unions. The loan amount of 45 billion yen represents the largest syndicated loan amount to date to the JRTT.
As announced in "Aozora Bank's Business Model" in February this year, the Bank's focuses include "collaboration with regional financial institutions", and through the promotion of this business model, the Bank aims to earn the trust of its customers as the "Primary Secondary Bank: Another Reliable Partner", while working to improve the various services it offers.
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