OREANDA-NEWS Japanese automaker Nissan, which faces large debt repayments in 2026, is going to raise more than seven billion dollars through the placement of bonds and the sale of assets. Bloomberg writes about this with reference to the documents in his possession.

According to the agency, the company plans to issue convertible bonds and traditional bonds, including in US dollars and euros, receive a syndicated loan of almost one and a half billion dollars, as well as sell part of its stake in Renault SA, a stake in battery manufacturer AESC Group Ltd., plants in South Africa and Mexico. The possibility of selling the Nissan headquarters building in Yokohama with its subsequent lease is also being considered.

The proposals have not yet been approved by the board of directors, the publication says. It notes that "aggressive and large-scale fundraising plans highlight the rapidly deteriorating financial and operational position of Nissan," whose capitalization, according to Interfax, has decreased by a quarter since the beginning of the year.

Earlier it was reported that the management of the concern, amid falling car sales, plans to close three factories and lay off about 20,000 employees. Nissan's problems are added by the failed merger talks with another Japanese automaker, Honda. The company planned to stabilize the deteriorating financial situation by combining, but it was not possible to conclude the desired deal.

Three months ago, Fitch was the last major rating agency to downgrade Nissan's credit rating from "BBB-" to "junk" "BB+" with a negative outlook.