Mitsubishi Motors plans to raise about JPY75bn (US$790m) to invest in vehicle launches through syndicated loans from 29 banks arranged by affiliate Mitsubishi UFJ Financial Group.
Mitsubishi Motors plans to raise about JPY75bn (US$790m) to invest in vehicle launches through syndicated loans from 29 banks arranged by affiliate Mitsubishi UFJ Financial Group.
The financing had been planned for the current financial year, which runs to March 2010, and would be repaid by 31 March, Reuters reported, citing a statement by the automaker.
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