Nochu to Recapitalize JV After First Brands-Linked Losses Soar

Nochu to Recapitalize JV After First Brands-Linked Losses Soar



Nochu to Recapitalize JV After First Brands-Linked Losses Soar
Norinchukin Bank is discussing a capital injection in JA Mitsui Leasing Ltd., after the joint venture said its estimated loss from debt linked to First Brands Group has ballooned to almost $1 billion.


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