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Motor Co. has raised ¥200 billion ($1.4 billion) through the sale of convertible bonds as the Japanese automaker seeks funds to maintain its operations, Bloomberg reported on Wednesday.
Nissan Motor Co. said Friday that it has raised about 860 billion yen ($5.85 billion) through a bond issuance to repay debt ...
The fundraising comes as Nissan faces nearly $4.8 billion in debt maturing this fiscal year and credit downgrades from all ...
Nissan Motor plans to raise about 750 billion yen, or around 5.1 billion dollars, by issuing new corporate bonds to cover the costs of repaying outstanding bonds and developing electric vehicles.
Under the recently announced turnaround plan, Nissan aims to increase annual global sales volume by 1 million units by the end of fiscal year 2026 and accelerate the company’s transition to electric ...
Shares of Nissan Motor Co. dropped sharply following the firm’s decision to increase its convertible bond issuance to ¥200 billion, up from the initially announced ¥150 billion. The company cited ...
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Nissan's recovery focuses on cost cutting, plant closures, and a pivot to hybrid technology to regain competitiveness. Read ...
According to the term sheet, Nissan will use the proceeds from these bond sales to refinance its outstanding debt. This article was generated with the support of AI and reviewed by an editor.
Japan's Nissan Motor has raised $4.52 billion in U.S. dollar- and euro-denominated senior unsecured bonds, according to a ...
Nissan Motor Co. has raised ¥200 billion ($1.4 billion) from the sale of bonds convertible into stock, according to terms of ...