Mazda seeks to borrow $2.8B to ride out pandemic, report says

Mazda seeks to borrow $2.8B to ride out pandemic, report says

Three Japanese megabanks, along with the Development Bank of Japan and other lenders, are set to agree to extend new loans, Reuters reported, providing Mazda with cash to counter lower output and sales, and a weaker balance sheet.

Leave a Reply

Your email address will not be published. Required fields are marked *