Nippon Steel to receive $5.7bn in loans following U.S. Steel acquisition
TOKYO -- Major Japanese public and private financial institutions are poised to provide about 900 billion yen ($5.66 billion) in loans to Nippon Steel in the wake of its $14.1 billion acquisition of U.S. Steel, Nikkei has learned.
Japanese financial institutions finalizes funding after $14.1bn deal
Nippon Steel initially financed its acquisition of U.S. Steel with high-interest bridge loans. © Reuters
TOKYO -- Major Japanese public and private financial institutions are poised to provide about 900 billion yen ($5.66 billion) in loans to Nippon Steel in the wake of its $14.1 billion acquisition of U.S. Steel, Nikkei has learned.
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