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Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank - Kyodo

Customers look at 2019 Camry Hybrid in Toyota dealer in Dhahran, Saudi Arabia
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TOKYO (Reuters) - Toyota Motor Corp has sought a credit line totalling 1 trillion yen ($9.23 billion) (7.53 billion pounds) 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.The three companies could not immediately be reached for comment.
Date Published: Mar 27, 2020
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