Investing.com-- Nissan (OTC: NSANY ) Motor Co (TYO: 7201 ) is seeking to raise more than 1 trillion yen ($7 billion) through a mix of debt and asset sales to shore up liquidity as it faces a looming repayment wall next year, Bloomberg News reported Wednesday, citing internal documents.
The plan includes issuing up to 630 billion yen in bonds and convertible securities, alongside a £1 billion ($1.4 billion) syndicated loan backed by UK Export Finance, the report said.
The automaker is also eyeing divestments in stakes in Renault SA (EPA: RENA ) and battery firm AESC, as well as sales of plants in Mexico, South Africa, and real estate, including its Yokohama headquarters, Bloomberg reported.
The ambitious fundraising effort comes as newly appointed CEO Ivan Espinosa warned that internal forecasts show cash reserves could fall to near zero by March 2026 if U.S. tariffs persist.
Nissan posted a 671 billion yen loss for the previous fiscal year and could see operating losses of up to 450 billion yen in FY2026, the Bloomerg report said citing internal documents.
Despite 2.2 trillion yen in available credit and cash, Nissan’s downgrade to junk status and deteriorating operations underscore the urgency of securing funds, the report stated.
The board has yet to approve the proposal, it added.
Tokyo-listed Nissan shares were trading 0.6% higher on Wednesday at the time of writing.