by bondevalue | May 5, 2021 | High Yield Bonds
Japanese carmaker Nissan announced that it will be offloading its stake in German carmaker Daimler AG to raise ~€1.19bn ($1.4bn). Nissan has hired BofA Securities and Societe Generale to run the sale of ~16.4mn shares in the company, as per Bloomberg. The move is...
by bondevalue | Mar 5, 2021 | Investment Grade Bonds
Nissan Motor Acceptance Corp (NMAC) raised $2bn via a four part deal. Details of the issuance are given below: Proceeds will be used for general corporate purposes. Ultimate parent Nissan Motor is the keepwell agreement provider. NMAC is a wholly-owned subsidiary of...