Japan Bank for International Cooperation signed loan agreements on May 1 worth about 350 billion yen, or $2.2 billion, to support three U.S. projects. The state-backed lender said the financing will go to a power plant, a crude oil facility and a diamond project. [1]

The agreements were signed with private-sector banks and will be arranged jointly by JBIC and Japan's top three banks. The financing is part of a bilateral tariff deal between Japan and the United States, according to the facts provided. [1]

JBIC said the package covers 3 projects in the U.S. and marks one of its larger overseas lending commitments in recent months. The lender did not give further detail on the project locations or timing in the facts provided. [1]

The loan agreements were signed on 2026-05-01, and no additional scheduled event or deadline was provided in the facts beyond the signing date. [1]