October 19, 2021

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Nissan secures $7.8 bln billion from creditors considering that April: submitting By Reuters

© Reuters. FILE PHOTO: Nissan Motor's logo is pictured at its headquarters in Yokohama
© Reuters. FILE Photograph: Nissan Motor’s logo is pictured at its headquarters in Yokohama

TOKYO (Reuters) – Nissan (OTC:) Motor Co (T:) has lifted $7.8 billion in funding from its creditors due to the fact April as it tries to shore up its funds placement in the face of falling sales because of to the coronavirus pandemic, its most up-to-date once-a-year securities report displays.

In a submitting to Japanese economical authorities on Monday, the automaker explained it has elevated a overall of 832.6 billion yen ($7.8 billion), like 712.6 billion yen introduced in late May possibly to react to the virus.

($1 = 107.2900 yen)

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