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DBJ sets 5 bil. yen credit line for Niigata Engineering.

Publication: Japan Weekly Monitor
Publication Date: 31-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NIIGATA, Japan, Dec. 26 Kyodo

The Development Bank of Japan (DBJ) said Wednesday it has established a credit line of 5 billion yen for debtor in possession (DIP) financing aimed at helping Niigata Engineering Co. rehabilitate itself.

The governmental lending agency provided 2 billion yen to the failed heavy-duty...

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