Future Tech
Toshiba's preferred bidder to seal $10.6 billion loan deal this week - Yomiuri
TOKYO - Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is set to sign a loan agreement of about 1.4 trillion yen ($10.62 billion) with lenders some time this week, the Yomiuri newspaper reported on Thursday.
The loans include a commitment line of 200 billion yen, the paper said. Sumitomo Mitsui Banking Corp and Mizuho Bank would provide about 400 billion to 500 billion yen each, it said.
- Reuters
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