1,3-N,O-chelated complexes of Rh I and Ir I cooperatively and reversibly stabilized the B À Hb ond of HBCy 2 to affords ix-membered metallaheterocycles (M = Rh (7)o rI r (8)) having a d-[M]···H-B agostic interaction. Treatment of these Shimoi-type borane adducts 7 or 8 with both an aldehyde and an alkene resulted in chemoselective aldehyde hydroboration and reformation of the 1,3-N,O-chelated starting material. The observed chemoselectivity is inverted from that of free HBCy 2 ,w hichiss elective for alkene hydroboration. Scheme 1. Examples of agostic [M]···HÀBc omplexes.