A μ 3 -η 2 (||)-iminobenzoyl complex supported by a μ 3 -borylene ligand, [(Cp*Ru) 3 (μ 3 -BH)(μ 3 -η 2 -PhCNH)(μ-H) 2 ] (5a; Cp* = η 5 -C 5 Me 5 ), was synthesized as an equilibrated mixture with its isomer, 5b, by the reaction of a μ 3 -borylene complex, [{Cp*Ru(μ-H)} 3 (μ 3 -BH)] (1), with benzonitrile. Although the structure of 5a is very similar to that of the previously reported μ 3 - 2), the reactivity of 5a is different from that of 2. While the thermolysis of 2 resulted in the reductive elimination of dihydrogen, a μ 3 -2-amino-2-boraruthenacyclopentenyl complex, [{Cp*Ru(μ-H)} 2 {Cp*Ru(−C 6 H 4 −CH-BNH 2 −)}] (6), was obtained by the thermolysis of 5a at 140 °C without hydrogen elimination. In contrast, a cationic μ 3 -η 2 (||)-iminobenzoyl complex, [(Cp*Ru) 3 (μ 3 -BH)(μ 3 -η 2 -PhCNH)(μ-H) 3 ] + (9), which was obtained by the protonation of 5a, showed reactivity similar to that of 2. Irradiation of 10 at a wavelength of 436 nm induced an intramolecular borylene transfer to the μ 3 -η 2 (||)-iminobenzoyl moiety and a cationic complex containing a μ 3 -η 3 -BCN ring, [{Cp*Ru(μ-H)} 3 {μ 3 -η 3 -B(H)N(H)C(Ph)−}] + (10), was obtained. The crystal structure of 10 showed long B−N (1.634(6) Å) and B−C (1.719(6) Å) bonds in the μ 3 -η 3 -BCN skeleton, which are consistent with the small bond indices of 0.539 and 0.433, respectively, and suggest the unsupported nature of these bonds. Time-dependent density functional theory calculations of 2, 5a, and 9 suggested the importance of a μ-hydride at the Ru−Ru edge where the borylene ligand migrates upon irradiation.