Nissan to raise $750 mil in U.S. bond issuance

TOKYO February 26, 2005; Japan Today reported that Nissan Motor Co will issue bonds for the first time in the United States through a public offering in early March to grow its North American operations, the Nihon Keizai Shimbun reported Saturday.

The report said Nissan Motor Acceptance Corp, a U.S. unit of the Japanese automaker, will raise $750 million through a five-year bond mainly to strengthen Nissan's auto financing business. (Kyodo News)