January 17^{ブックメーカーサッカー}, 2012

 

Sumitomo Mitsui Financial Group, Inc.(Code: 8316)                         

Sumitomo Mitsui Finance and ブックメーカーサッカー Company, Limited.

Sumitomo Mitsui Banking Corporation

Sumitomo Corporation (Code: 8053)

 

 

ブックメーカーサッカー of Aircraft Leasing Business from The Royal Bank of Scotland Group plc

 

Sumitomo Mitsui Banking Corporation (SMBC; President: Takeshi Kunibe) and Sumitomo Mitsui Finance and ブックメーカーサッカー Company, Limited (SMFL; President: Yoshinori Kawamura), bothboth of which are subsidiaries of Sumitomo Mitsui Financial Group, Inc. (SMFG; President: Koichi Miyata), and Sumitomo Corporation (SC; President and CEO: Susumu Kato) have reached an agreement with The Royal Bank of Scotland Group plc (RBS; Group Chief Executive: Stephen Hester) on anthe ブックメーカーサッカー of itsRBS’s aircraft ブックメーカーサッカー business,subjecttoregulatoryapproval and clearances and clearance by relevant regulatory authorities.

 

ブックメーカーサッカーDecemberAugust 2008, SMFL and SC established a company, SMFL Aircraft Capital Corporation B.V., to jointly launch and develop anaircraft ブックメーカーサッカー business as part of thestrategic partnership between SMFG and SC, and have beenvigorously expandingedブックメーカーサッカーisebusinessthereafter.

 

The aircraft ブックメーカーサッカー industry anticipates that expectsdemand for commercial aircrafts to continkeep its momentum of steady and strong growth, driven ue to grow steadily underpinned bythe increasing volume of air travelers on the back of backed bythe growth of emerging markets, economic expansion of developing regions, especially ブックメーカーサッカー Asia, andtherapid growth of low cost carrierscareers(LCLCs).The ブックメーカーサッカー of RBS’s aircraft leasing unit, the fourth largest player ブックメーカーサッカー the world ブックメーカーサッカー terms of book value, We aim towill enable SMFGand SCcapture the growing demand for new aircrafts ブックメーカーサッカー theemerging markets such as Asian countries to further expand and develop the business ブックメーカーサッカー Asia and other emerging market asthe new unit cooperates with theexisting aircraft ブックメーカーサッカー unit through the acquisition of RBS’s aircraft leasing operations,, the fourth largest player ブックメーカーサッカー the industry ブックメーカーサッカー terms of book value ブックメーカーサッカー the world,, and its. joint operation together with the existing business.

 

Furthermore, the consortium will explore stable long-term funding sourcesfor thisブックメーカーサッカー, including funding supports by export credit agencies and government-affiliated financial institutions of various countries such as The Japan Bank for International Cooperation, for this transaction to alleviate the burden of external funding needs ブックメーカーサッカー light of uncertainties of the current uncertainfinancial market climate.

 

Both groups,  ofSMFG and SC, will continue theirconcerted efforts to further reinforce our strength of thisstrengthen the aircraft leasing business and offer higher-value-added financial services to the airline industry and aircraft manufacturers ブックメーカーサッカー both domestic and foreign markets by leveraging their theadvantagesthatboth group,  havesuch asasound financial positions, ability to provide capabilities of providing sophisticated financial solutions,, broad global client base, and advanced risk management practices.  

 

○ Overview of the business to acquire

(USD Mio) 

Business name	RBS Aviation Capital
Head office location	Dublin, Ireland
Business locations	Ireland,theU.K., China,etc.
Incorporation	2001
PrimaryBBusiness	Aircraft ブックメーカーサッカー
Totalaassets(*)	Approx.USD7,2007.2 billion
OwnershipPPercentage （current）	RBS 100%
PlannedOOwnershipPPercentages （after ブックメーカーサッカー）	¨ SMFL, the joint venture business of both groups, is to be athe main investor (over 50%) ¨ SMFG group will eventually holdhaves, directly and indirectly, approx. 60-70% ofownership and SC group will holdhavetherest ofremaining approx. 30-40%Ownership. ¨ The detailed shareholding structure is to be determined based upon further discussion.

(*) as of June 30, 2011

○ Overview of the principal existing joint venture business

(1) Company name                                   ：   SMFL Aircraft Capital Corporation B.V.

(2) Location                                            ： Netherlands

(2) Location                                             ：   Netherlands

(3) Date of incorporation                          ：   December 1, 2008

(4) Primary business                                 ：   Aircraftoperatingブックメーカーサッカー

(5) Shareholders & shareholding ratio       ：   SMFL 60%, SC 40%

 

(5) Shareholder & shareholding ratio        ： SMFL 60％,  SC 40％

 

(Contacts for inquiries)

SMFG	Public Relations Department	Hattori	+81-3-4333-3680
SMFL	Corporate Planning Department	Nihei	+81-3-3515-1315
SMBC	Public Relations Department	Hattori	+81-3-4333-3680
SC	Corporate Communications Department	Asada	+81-3-5166-4168

 

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