Toyota Motor Corp has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back of the coronavirus pandemic, Kyodo News reported on Friday.
FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su
TOKYO - Toyota Motor Corp has sought a credit line totaling 1 trillion yen from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back of the coronavirus pandemic, Kyodo News reported on Friday.Reporting by Chang-Ran Kim; Editing by Shri Navaratnam
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This $9 toy will entertain your cat for hours: 'Keeps them busy and happy'Thousands of cat owners are raving about this brilliant toy—and it's on sale for 64 percent off.
Read more »
This $9 Hand Cream with 2,220 Five-Star Reviews Is Exactly What Your Skin Needs Right NowIt will deliver that much-needed hydration
Read more »
Toyota will keep its North American plants closed until April 20Toyota is extending the closure of all of its North American automobile and components plants until April 20 amid the coronavirus pandemic. This is the third shutdown extension for the company.
Read more »
Time to buy stocks again, market mavens sayBlackRock, Credit Suisse and some other big banks reckon it is time to get back ...
Read more »
Senate stimulus package includes $400 million to help run elections amid the pandemicThe amount is far less than the $2 billion to $4 billion that Democrats said is needed to help states expand voting by mail and other measures sought by advocates.
Read more »
5 money questions you're probably asking right nowWorried about your bank account, 401(k) and credit card bills? Get answers to these common coronavirus-related financial questions.
Read more »