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… Read More ›
line of credit
Goldman Sachs provides WeWork with $1.75 credit line
In a statement, shared workplace operator WeWork disclosed, it has arranged a $1.75 billion letter of credit with Goldman Sachs, which is in the process of being syndicated and it expects to tap the fund in January 2020. The line… Read More ›
Italy and Iran set to sign investment accord on Thursday
Clamped down by U.S. led economic sanctions, Iran remains an untapped and politically volatile market. Iran and Italy are set to sign a framework for credit agreement worth 5.0 billion euros on Thursday which will facilitate investments by Italian companies… Read More ›