JBIC commits up to $240mn to Aircastle for used-aircraft purchases
JBIC signed a loan of up to $240mn for Aircastle, a Marubeni- and Mizuho Lease-backed lessor of used aircraft, within a $400mn co-financing with nine private banks.
Latest Tokyo Brief coverage on Marubeni Corporation, tracking filings, financial news, and market signals from Japan.
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JBIC signed a loan of up to $240mn for Aircastle, a Marubeni- and Mizuho Lease-backed lessor of used aircraft, within a $400mn co-financing with nine private banks.
Marubeni's ¥60bn share-buyback authorization rounds to 100.00% of its value ceiling while covering only 58.83% of the shares targeted, and the trading house is running a second, ¥100bn authorization at the same time, through March 2027.
The trading house repurchased 2.85 million shares in four weeks after its board approved a ¥100bn buyback, leaving most of the authorization unspent with seven months left before it expires.
Marubeni raised its three-year shareholder-return target by ¥200bn to ¥900bn and approved a ¥100bn buyback after first-quarter net profit rose 20.7% to ¥186.4bn, already a third of the way to its full-year goal.
Twelve Tokyo-listed companies disclosed June share-repurchase activity on the same day, and the contrast is stark: Mitani Sekisan bought no stock at all while Kyocera spent ¥29.6bn in a single session.
The trading house finished an existing buyback after repurchasing 11,766,800 shares for just under ¥60bn by June 23. That falls short of the 20mn-share ceiling but effectively uses the cash cap, which makes this an execution scorecard on shareholder returns rather than a fresh promise of more.