Perspective
16 April 2014
JBIC teams with banks for UK rail project financing
Region:
Europe
The Japan Bank for International Cooperation (JBIC) has signed a £860 million ($1.44 billion) loan agreement with Agility Trains East Limited (ATEL) in the UK, where Japan’s Hitachi, holds an equity stake, to fund the development of the East Coast Main Line rail segment of the Intercity Express Programme.
