Adds reported particulars of financing TOKYO, Oct 14 (Reute
Adds reported particulars of financing
TOKYO, Oct 14 (Reuters) – Japanese airline operator ANA Holdings Inc 9202.T is about to obtain 400 billion yen ($3.eight billion) in subordinated loans from a number of banks as the corporate grapples with a hunch in air journey due the COVID-19 pandemic, Kyodo reported on Wednesday.
Financing will encompass 130 billion yen every from Sumitomo Mitsui Monetary Group Inc 8316.T and the state-backed Growth Financial institution of Japan, Kyodo mentioned.
The airline operator can even obtain 60 billion yen from Mizuho Monetary Group 8411.T, 50 billion yen from Mitsubishi UFJ Monetary Group Inc 8306.T and 30 billion yen from Sumitomo Mitsui Belief Financial institution 8309.T, Kyodo mentioned.
An ANA spokeswoman mentioned the corporate had not introduced something. SMFG, Mizuho and Mitsubishi UFJ declined to remark. The DBJ and SMTB couldn’t instantly be reached for remark.
($1 = 105.3900 yen)
(Reporting by Sam Nussey, Takashi Umekawa, Yuki Nitta and Tim Kelly; modifying by Louise Heavens)
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