Toshiba's preferred bidder to seal $10.6 bln loan deal this week -Yomiuri

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Toshiba's preferred bidder to seal $10.6 bln loan deal this week -Yomiuri
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Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp , is set to sign a loan agreement of about 1.4 trillion yen ($10.6 billion) with lenders this week, the Yomiuri newspaper reported on Thursday.

The logo of Toshiba Corp. is displayed atop of the company's facility building in Kawasaki, Japan June 24, 2022.

Issei Kato, is set to sign a loan agreement of about 1.4 trillion yen with lenders this week, the Yomiuri newspaper reported on Thursday.The loans include a commitment line of 200 billion yen, the paper said. Sumitomo Mitsui Banking Corp

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