Nissan Scraps Plan to Offer Yen-Denominated Bonds in June
- Firm had planned to sell 200 billion-300 billion yen of notes
- Automaker also delayed debt offering last year after scandals
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Nissan Motor Co. has scrapped a plan to offer yen-denominated bonds in June, in what would have been a return to the credit market after delaying a debt sale last year, according to people familiar with the matter.
The Japanese automaker had been targeting an issuance size of 200 billion to 300 billion yen ($1.9 billion to $2.8 billion), people with knowledge of the matter said earlier this month.