LOAN GUARANTEE OF $1.2 BILLION GIVEN TO NISSAN MOTOR CO.

Highlights –

• Loan guarantee of $1.2 billion given to Nissan Motor Co.
• The Development Bank of Japan (DBJ) gave the loan guarantee as part of the COVID-19 relief fund.
• Nissan had reported a net loss of $631 million.
• DBJ had provided about $1.69 billion in loans to large and midsized companies.

In March, the Japanese government had launched a scheme to e....