Mazda seeks $2.8 billion in loans to ride out pandemic

TOKYO — Mazda has sought financial loans totaling about three hundred billion yen ($2.8 billion) from Japan’s a few megabanks and other loan companies to trip out the coronavirus epidemic, a source with direct expertise of the make any difference claimed on Saturday.

The megabanks — Mitsubishi UFJ Money Group, Sumitomo Mitsui Money Group and Mizuho Money Group — alongside with the Enhancement Bank of Japan, Sumitomo Mitsui Belief Holdings and others are established to concur, with some already obtaining extended the financial loans, the individual claimed, declining to be discovered simply because the information and facts is not community.

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