• Kyodo News


State-owned Development Bank of Japan and other creditors agreed Friday to let struggling Japan Airlines Corp. suspend the repayment of its debts while the carrier is seeking out-of-court restructuring, sources said.

The DBJ and JAL may also sign an agreement possibly Tuesday that would allow the bank to extend a pool of about ¥100 billion in bridge loans to Japan’s top airline, which is facing the prospect of running out of cash at the end of this month, the sources said.

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