Nissan studying Y50-70 bln debt issue-sources

Newswire

TOKYO, June 26 (Reuters) - Nissan Motor Co , Japan's third-largest automaker, is considering issuing 50 billion to 70 billion yen ($424 to $593 million) in seven-year domestic straight bonds (SB), market sources said on Thursday. Nissan spokesman Gerry Spahn said he could not confirm the issuance, but added: "We are continuously looking to raise money in the debt market, which we can do at a low cost today." He added that any debt issuance would be used to roll over maturing bonds and ...

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