Nissan Diesel to raise $366 mln in new share issue

Newswire

TOKYO, Nov 28 (Reuters) - Japanese truck maker Nissan Diesel Motor Co. said on Monday it would raise some 43.78 billion yen ($365.9 million) in a new share issue to cancel preferred shares and repay debt. Nissan Diesel, held 23.8 percent by Nissan Motor Co. , said in a statement it will issue 60 million new shares in December. Mizuho Securities could sell up to an additional nine million shares under an over-allotment scheme. The truck maker said it would pay 31.7 billion yen to cancel the ...

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