Nissan said it also plans to sell a 150 billion yen ($1.04 billion) six-year convertible bond. The automaker plans to use money raised to refinance outstanding debt, the term sheet showed.

The stock closed at 315.5 in Tokyo down 6.4% on the day after a 4.9% drop on Monday when the offering was first announced. The bonds, which can be converted into equity, raised investor concerns about ...

Nissan's recovery focuses on cost cutting, plant closures, and a pivot to hybrid technology to regain competitiveness. Read ...

The indicative coupon rates for 4-year bond is high-5%, and for 8-year bond is high-6%. Additionally, Nissan plans to issue a six-year convertible bond worth ¥150 billion.

The new layoffs will bring Nissan’s total workforce reduction to around 20,000 jobs, after it previously announced plans to cut 9,000 positions. Nissan saw its profit almost wiped out in the ...

Nissan said it also plans to sell a 150 billion yen ($1.04 billion) six-year convertible bond. The automaker plans to use money raised to refinance outstanding debt, the term sheet showed.

Nissan Motor plans to lay off more than 10,000 employees globally, doubling the total cuts at the Japanese automaker to about 20,000 workers amid weakened sales in the U.S. and China, Japan’s ...

(RTTNews) - As per a report published in Bloomberg, Nissan Motor Co Ltd. (NSANF.PK, NSANY.PK) is planning to raise more than 1 trillion yen through debt and asset sales. The funding could be ...

Nissan pulls the plug on EV sedans. Nissan has officially scrapped plans to build two electric sedans in the United States, one for its main brand and another for Infiniti.The vehicles were ...

Trump's 25% tariff on imported auto parts kicks in 02:16. Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for ...

There, Nissan plans to increase the output of the Nissan Rogue crossover by more than half, primarily due to the Trump Administration’s 25% levy on imported cars.

Japan’s Nissan Motor plans to sell $4 billion worth of US dollar- and euro-denominated senior unsecured bonds, showed a term sheet reviewed by Reuters on Monday. The plan comes about a week after ...