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Nissan Raises $4.5 Billion in Bond Sale to Refinance Debt
TMTPOST— Nissan Motor Co. has raised $4.52 billion through a multi-currency bond sale, according to a term sheet seen by Reuters on Friday, as the Japanese automaker looks to refinance existing debt and improve liquidity. The offering includes $3 billion in U.S. dollar-denominated senior unsecured bonds across 5-, 7-, and 10-year maturities, along with €1.3 billion ($1.52 billion) in euro-denominated bonds split between 4- and 8-year tranches. The fundraising comes just days after Reuters reported that Nissan had asked some suppliers to agree to delayed payments, underscoring the company’s efforts to bolster short-term cash reserves amid ongoing financial pressures.
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