United States, May 1 -- The Japan Bank for International Cooperation (JBIC) signed on April 17 a loan agreement amounting to approximately USD7 million with Japan Invest 1 LLC (JI1), a U.S. company established with equity investment from JBIC. The loan is co-financed with private financial institutions, bringing the total co-financing amount to approximately USD23 million. Nippon Export and Investment Insurance (NEXI) will provide the insurance for the loan by the private financial institutions. The loan is intended to provide the funds necessary for JI1 to invest in an industrial synthetic diamond manufacturing and sales project, which constitutes one of the first batch of projects under the Strategic Investment Initiative based on the Mem...