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Nippon Steel secures $5.7 billion of loans for U.S. Steel takeover
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Nippon Steel secures $5.7 billion of loans for U.S. Steel takeover
Mar 17, 2026 10:27 PM

TOKYO, March 18 (Reuters) - Nippon Steel ( NISTF ) has

secured loans totalling 900 billion yen ($5.67 billion) from the

Japan Bank for International Cooperation (JBIC) and major

Japanese private lenders for its acquisition of U.S. Steel, it

said in a statement on Wednesday.

The lenders include Japan's three "megabanks" - Mitsubishi

UFJ Bank, Sumitomo Mitsui Banking Corporation

and Mizuho Bank - as well as Sumitomo Mitsui Trust

Bank.

($1 = 158.7600 yen)

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