Nissan seeks $4.6 billion credit line after coronavirus hit

Nissan seeks $4.6 billion credit line after coronavirus hit
  • Clock-gray 13:53
  • calendar-gray 09 April 2020

Nissan Motor (7201.T) has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei business daily reported on Thursday, APA reports citing Reuters.

The Japanese automaker made the request to three major banks including Mizuho Financial (8411.T), as well as to the Development Bank of Japan, the Nikkei said.

Nissan was not immediately available to comment.

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