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 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.

The fundraising comes as Nissan faces nearly $4.8 billion in debt maturing this fiscal year and credit downgrades from all ...

Nissan Motor Co. said Friday that it has raised about 860 billion yen ($5.85 billion) through a bond issuance to repay debt and invest in electric vehicle development and other initiatives aimed at ...

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 ...

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 ...

Stock investors, however, were less than enthusiastic, given that the bonds can be converted to new shares and are potentially dilutive. The stock finished down 6.4% at 315.5 yen in Tokyo trade, ...

Nissan Motor eyes $4 billion in bond sales, term sheet shows 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 ...