On Thursday, Japan’s Nikkei business daily reported, Nissan Motor has requested a $4.6 billion (500 billion yen) line of credit from major lenders following a downward trend in sales due to the coronavirus outbreak.

Nissan made the request to three major banks including to the Development Bank of Japan and Mizuho Financial, reported the Nikkei.

Nissan did not immediately respond to requests for comments.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

Tags: banks, business daily, coronavirus outbreak, Development Bank of Japan, downturn, downward trend, Japan, Japanese, line of credit, major lenders, Mizuho Financial, Nikkei, Nissan Motor, sales