Global Trade Alert
Global Trade Alert

Japan: JBIC approves loan and guarantee agreement to support Japanese steel company's business activities in Mexico

Announcement

01 Dec 2011

On 30 November 2011, the Japan Bank for International Cooperation (JBIC) approved an overseas investment loan agreement with Mexican TENIGAL, S.de R.L.de C.V. (TENIGAL) as well as approving guarantee for a co-financed loan provided by private financial institutions.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2011

Revocation date:

No revocation date

Announced: 01 Dec 2011
Financial assistance in foreign market In force
The overseas investment loan agreement between JBIC and TENIGAL has a value of USD 120 million. The company is a Mexican joint venture between the Japanese Nippon Steel Corporation (NSC) and TERNIUM S...
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