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The plan comes about a week after Reuters reported that Nissan has asked some suppliers to allow it to delay payments to free up short-term funds, highlighting its scramble to boost cash.
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.
In addition to the dollar bonds, Nissan plans to issue four- and eight-year euro bonds with a minimum size of 500 million euros ($588.40 million) in each tranche.
Japan's Nissan Motor plans to sell $4 billion worth of U.S. dollar- and euro-denominated senior unsecured bonds, showed a term sheet reviewed by Reuters on Monday.
TOKYO (Reuters) -Shares of Japan's struggling Nissan Motor tumbled more than 6% on Tuesday, extending declines into a second day after it expanded an issuance of convertible bonds announced just this ...
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 is raising money, and taking a long, hard look at its future. The Japanese automakerNissan Raises $4.5 Billion to Ease ...
The automaker is offering a record-high coupon on at least one part of its dollar- and euro-denominated junk bond sale to ...
SYDNEY/TOKYO :Japan's Nissan Motor plans to sell $4 billion worth of U.S. dollar- and euro-denominated senior unsecured bonds, showed a term sheet reviewed by Reuters on Monday.The plan comes ...
SYDNEY/TOKYO — Japan’s Nissan Motor plans to sell $4 billion worth of US dollar- and euro-denominated senior unsecured bonds, showed a term sheet reviewed by Reuters on Monday.
SYDNEY/TOKYO (Reuters) -Japan's Nissan Motor plans to sell $4 billion worth of U.S. dollar- and euro-denominated senior unsecured bonds, showed a term sheet reviewed by Reuters on Monday.