OREANDA-NEWS. Aozora Bank, Ltd. announced that, effective today, the Bank has formed a syndicated loan with The Fukui Bank, Ltd., intended for Emori & Co., Ltd.

Emori & Co. was formerly a member of Emori Group Holdings Co., Ltd., which has filed for the commencement of civil rehabilitation proceedings. Today, the Company became a wholly-owned subsidiary of an SPC by way of a stock transfer, as part of its efforts to achieve business recovery.

The SPC is financed by Kowabo Company, Ltd., as well as through a fund which is managed and operated by J-Will Partners Co., Ltd. By providing financial assistance to Emori & Co., Aozora and Fukui Bank aim to support corporations that form the base of regional economies.

Aozora remains committed to actively supporting local companies, as well as the revitalization of regional economies, in collaboration with regional financial institutions which are important business partners of the Bank. Going forward, Aozora intend to further enhance part nerships with our regional financial institution customers and local companies, as we aim to become the "Primary Secondary Bank: An Even More Reliable Partner" for our customers through the provision of differentiated and specialized services. In so doing, the Bank intends to contribute to the revitalization of regional economies.