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Toyota seeks $9.2-billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo


Toyota seeks $9.2-billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo

March 30, 2020 at 9:55 AM

Toyota Motor Corp (7203.T) has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as a coronavirus pandemic drives up fund-raising costs, Kyodo News said on Friday.

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