Mazda Seeks $ 2.8 Billion Loan to Survive Coronavirus Crisis

Excellent: Loaded instantly, within a couple of seconds. 😄
Good: Loaded quickly with minimal delay; very responsive. 🙂
Fair: Slight delay noticeable, but still usable. 😐
Poor: Took a long time to load; affected the experience. 🙁
Very Poor: Extremely slow or failed to load completely. 😡

Mazda is seeking 300 billion yen ($ 2.8 billion) in loans from the three "mega banks" and other Japanese lenders to help it overcome the coronavirus pandemic, the Reuters news agency reported. Mazda, which suspended or slowed production in line with the rest of the auto industry during the COVID-19 blockades, is said to already have about $ 6 billion in interest-bearing debt, far exceeding its reserves. according to Japan's flagship financial newspaper. The Nikkei.