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AlwaysFree: Nissan Gets $1.44 Bln Green Loan For Zero-Emission Mobility Investments

Author: SSESSMENTS

According to Reuters article published on November 30, 2022, Japan's Nissan Motor Co (7201.T) has signed a 200-billion-yen ($1.44 billion) green loan agreement to fund zero-emission mobility investments, the automaker said on Wednesday.

The syndicated loan was arranged by Mizuho Bank and MUFG Bank with contract periods of five and seven years, it said in a statement.

The funds will be used for research and development of zero-emission vehicles, components for electric vehicles, and other carbon-neutral initiatives, Nissan added.

($1=138.5700 yen)

Tags: AlwaysFree,Asia Pacific,Bio/Renewables,English,Japan,NEA

Published on December 1, 2022 3:07 PM (GMT+8)
Last Updated on December 1, 2022 3:07 PM (GMT+8)