TOKYO, Dec 24 (Reuters) - Home builder Misawa Homes Holdings is likely to quit the leisure and resort business in a restructuring plan expected to include over 200 billion yen ($1.93 billion) in aid, the Nihon Keizai daily said on Friday. The paper said on Thursday that UFJ Bank, a core unit of UFJ Holdings and Misawa's main lender, and a state-backed corporate turnaround body would waive 120 billion yen in debt and provide some 20 billion yen in debt-for-equity swaps. Misawa officials ...
Premium Content (PAID Subscription Required)
"Misawa to drop resorts in Y200 bln aid plan-paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642