Toshiba may ask banks to review loan terms

Toshiba Corp. is considering asking its creditor banks to review loan terms, including the possible scrapping of a covenant requiring loan repayments in case of falls in credit ratings, according to informed sources. By changing the loan terms, the struggling electronics and machinery maker aims to ensure stable financing, the sources said Thursday. Toshiba is […]

The post Toshiba may ask banks to review loan terms appeared first on The Japan Times.

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