TOKYO, Oct 29 (Reuters) - NEC Corp , Japan's biggest PC maker, said on Thursday that it had adequate funds on hand, precluding a need to tap equity markets for capital. "We have secured adequate funds of 500 billion yen ($5.5 billion) worth of cash and cash equivalents on hand, including the commitment line (from creditors)," NEC President Kaoru Yano said at a news conference, in response to a question on the need to shore up the firm's capital.
(Reporting by Mayumi Negishi)