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© stevanovicigor-dreamstime.com General | May 24, 2013

Sony takes billion dollar 'loan' to pay debts

Sony Corp will, for the first time issue a bond aimed at private investors, to raise some USD 1.48 billion.
The additional funds will be used for paying a USD 1 billion debts that is due for repayment at the end of the year, while the rest will be used for investments in plants and equipment, Reuters writes.

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