💨 Abstract

Nissan, Japan's third-largest carmaker, is aiming to raise over £5 billion through debt and asset sales to address significant financial struggles, including a £4 billion annual loss. The company, which has already cut 20,000 jobs, plans to issue convertible securities and bonds, plus a £1 billion loan guaranteed by the UK government. Despite efforts by new CEO Ivan Espinosa, Nissan's financial situation remains dire.

Courtesy: Ethan Singh