Mazda Motor seeks $2.8b in loans to ride out pandemic

Mazda Motor seeks $2.8b in loans to ride out pandemic

Photo: Samuele Errico Piccarini/Unsplash

Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.

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