March 28 (Bloomberg) -- A venture owned by Modec Inc., Mitsui & Co., Mitsui O.S.K. Lines Ltd. and Marubeni Corp. signed a $1.125 billion loan to build a vessel for exploring the Cernabi South oilfield off Brazil.
The lenders are Bank of Tokyo-Mitsubishi UFJ Ltd., Sumitomo Mitsui Banking Corp., Mizuho Corporate Bank Ltd., Sumitomo Trust & Banking Co., and the government-run Japan Bank for International Cooperation.
The loan was disclosed in a statement from the Japan Bank for International Cooperation.
To contact the reporter on this story: Emi Urabe in Tokyo at firstname.lastname@example.org
To contact the editor responsible for this story: Shelley Smith at email@example.com