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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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April 15 2024 11:45 am V22.4.27-2
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