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Old 05-09-2020, 03:03 PM   #1
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Default Mazda seeks $2.8 billion in loans to ride out pandemic

Filed under: Earnings/Financials,Mazda
Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders*to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday. The megabanks - Mitsubishi UFJ Financial Group , Sumitomo Mitsui Financial Group and Mizuho Financial Group - along with the Development Bank of Japan, Sumitomo Mitsui Trust Holdings and others are set to agree, with some alreContinue reading Mazda seeks $2.8 billion in loans to ride out pandemic
Mazda seeks $2.8 billion in loans to ride out pandemic originally appeared on Autoblog on Sat, 9 May 2020 14:00:00 EDT. Please see our terms for use of feeds.


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