Nissan Aims to Raise $7 Bln Ahead of Loan Repayment Wall

Nissan Aims to Raise  Bln Ahead of Loan Repayment Wall



Nissan Aims to Raise $7 Bln Ahead of Loan Repayment Wall
Nissan Motor Co. is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to address a huge loan repayment due next year, according to internal documents seen by Bloomberg News. The Japanese automaker plans to issue as much as ¥630 billion in convertible securities and bonds, the documents show. Bloomberg’s Reed Stevenson reports.


www.bloomberg.com
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