Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei

Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei

© Reuters. FILE PHOTO: Nissan Motor’s logo is pictured at its headquarters in Yokohama

TOKYO (Reuters) – Nissan Motor (T:) has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the business daily reported on Thursday.

The Japanese automaker made the request to three major banks including Mizuho Financial (T:), as well as to the Development Bank of Japan, the Nikkei said.

Nissan was not immediately available to comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source : Reuters Link

You May Missed

Category Latest Posts