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Japan backs nearly a third of $6.6 billion loans to Nissan - sources

FILE PHOTO: Nissan Motor's logo is pictured at its headquarters in Yokohama
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TOKYO (Reuters) - The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans.The automaker, seeking to return to profitability and stop bleeding cash, has secured 350 billion yen (2.66 billion pounds) from its biggest..
Date Published: May 29, 2020
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