MOL Signs long-term Loan Agreement to finance for LBC Tank Terminals Share Acquisition
Japan, Dec. 22 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has signed loan agreement with the Japan Bank for International Cooperation (JBIC) and a syndicate of lenders, with Sumitomo Mitsui Banking Corporation acting as arranger (SMBC). MOL has now signed a long-term loan agreement to secure finance for the acquisition of LBC Tank Terminals Group Holding Netherlands Cooperatief U.A. (LBC, Group CEO : Frank Erkelens, Headquarters: Rotterdam), which was completed in June 2025.This financing-which ensures stable, long-term funds to acquire LBC shares-was made possible through the alignment of JBIC's philosophy of supporting Japanese companies' overseas business expansion and SMBC's efforts to build a global network. Looking ahead, th...
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