Global Trade Alert
Global Trade Alert

Japan: JBIC signs loan agreement for acquisition of Indian steel company

Announcement

17 Mar 2020

In March 2020, the Japan Bank for International Cooperation signed a loan agreement of USD 3'087 million to finance the acquisition of an Indian steel company by the joint venture of Nippon Steel Corporation.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Mar 2020

Revocation date:

No revocation date

Updated: 17 Mar 2020
Financial assistance in foreign market In force

On 16 March 2020, the Japan Bank for International Cooperation (JBIC) signed a loan agreement of USD 3'087 million with AMNS Luxembourg Holding S.A to help finance the acquisition of the Indian ste...

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