Monday, December 28, 2015

Toshiba seeks more funds for restructuring: Nikkei



© Reuters. A man walks past a Toshiba Corp logo displayed on one of its television sets in Tokyo, Japan

(Reuters) – Toshiba Corp (T:), reeling from a $1.3 billion accounting scandal, intends to ask for an additional 300 billion yen ($2.49 billion) in credit lines by the end of January to fund a large-scale restructuring, the Nikkei business daily reported.


Toshiba is likely to approach multiple financial institutions including Mizuho Bank and Sumitomo Mitsui Banking Corp,…



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Toshiba seeks more funds for restructuring: Nikkei

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