Published by Global Banking & Finance Review®
Posted on May 28, 2025
2 min readLast updated: January 23, 2026
Nissan plans a $7 billion funding initiative, including a UK-backed loan, to aid its financial restructuring and cost-cutting efforts.
TOKYO (Reuters) -Japan's struggling Nissan is considering raising more than 1 trillion yen ($7 billion) from debt and asset sales which would include a syndicated loan guaranteed by the UK government, Bloomberg News said on Wednesday.
The country's third-biggest automaker plans to issue as much as 630 billion yen worth of convertible securities and bonds, including high-yielding U.S. dollar and euro notes, Bloomberg News said, citing documents it had seen.
Nissan is also considering taking out a 1 billion pound ($1.35 billion) syndicated loan guaranteed by UK Export Finance, the report said.
The report said Nissan is also looking at selling part of the stakes it holds in French automaker and long-standing alliance partner Renault and in battery maker AESC Group, as well as plants in South Africa and Mexico.
Representatives for Nissan and UK Export Finance did not respond to a request for comment.
Bloomberg News cited sources as saying that Nissan's board did not appear to have approved the funding proposal yet, leaving it unclear whether it would happen.
The proposal was also slated to include the rollover of some debt, the report said.
Earlier this month, the company presented a sweeping cost-cutting plan under which it plans to reduce its workforce by around 15% and cut car plants to 10 from 17 globally.
Sources told Reuters this month that Nissan is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, and stop production in South Africa as part of its cost-cutting plan.
Nissan's shares rose more than 4% following the report but they gave up most of those gains and were last trading up 0.6%.
($1 = 144.5700 yen)
($1 = 0.7421 pounds)
(Reporting by Tokyo Newsroom; Editing by Muralikumar Anantharaman and Edwina Gibbs)
Nissan is considering raising over 1 trillion yen ($7 billion) through debt and asset sales, including a syndicated loan guaranteed by the UK government.
Nissan plans to issue up to 630 billion yen worth of convertible securities and bonds, including high-yielding U.S. dollar and euro notes.
The report indicates that Nissan's board has not yet approved the funding proposal, leaving its future uncertain.
Nissan is implementing a cost-cutting plan that includes reducing its workforce by around 15% and cutting the number of car plants from 17 to 10 globally.
Following the report, Nissan's shares rose more than 4%, but they later gave up most of those gains, trading up only 0.6%.
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