Aozora Bank, Ltd.
November 30, 2009
NEWS
RELEASE
Aozora Bank Arranges Major Syndicated Loan to the Japan
Environmental Safety Corporation
Tokyo, November 30, 2009 - Aozora Bank, Ltd (“Aozora”, “the Bank”) announced
today that it had signed a contract for and executed a 16.5 billion yen syndicated loan with the Japan Environmental Safety Corporation (JESCO) for November 2009, following the Bank’s earlier selection as arranger and agent.
This loan represented an opportunity to take advantage of the Bank’s nationwide
network of regional financial institutions, and resulted in a syndicated loan with 14 participating banks, including a number of which were new to JESCO.
Aozora has stated its policy of returning to domestic corporate finance, and going
forward will continue to actively develop business that responds to the various funding needs of customers, taking advantage of the Bank’s strengths such as its network of regional financial institutions.
Overview of the Syndicated Loan
Signing Date
November 30, 2009 (Mon)
Amount
16.5 billion yen
Term
3 years, 10 months
Arranger and Agent
Aozora Bank, Ltd
Overview of JESCO
Established
April 1, 2004
Capital
0.6 billion yen (as at March 31, 2009)
Legal Basis for Company Japan Environmental Safety Corporation Act
Number of Employees
228 (as at March 31, 2009)
Business Overview
Polychlorinated biphenyl (PCB) waste treatment program, provision of environmental preservation information and technical knowledge, and programs related to these activities.
END