• Kyodo News


The Development Bank of Japan and three other major banks are in the final stages of providing around ¥100 billion in syndicate loans to struggling Japan Airlines Corp. as early as this month, sources said Wednesday.

The government-backed development bank is likely to contribute the largest amount, several dozen billion yen. The other lenders are Mizuho Corporate Bank, Sumitomo Mitsui Banking Corp. and Bank of Tokyo-Mitsubishi UFJ.

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