Nissan Seen Raising 750 B. Yen by Selling New Bonds

   Tokyo, July 7 (Jiji Press)--Struggling Nissan Motor Co. is seen raising around 750 billion yen by selling new corporate bonds to cover the costs of repaying existing bonds and developing electric vehicles, it was learned Monday.
   On the day, Nissan announced a plan to issue 150 billion yen in convertible bonds, or bonds with stock acquisition rights, that mature in 2031. The company also plans to issue dollar- and euro-denominated straight bonds, informed sources said.

(2025/07/07-21:12)