Overview

• Nissan plans to raise over ¥1 trillion (£5.2 billion) through convertible securities, high-yield dollar and euro bonds, and sales of stakes in Renault, AESC Group and plants in South Africa and Mexico.
• A £1 billion syndicated loan guaranteed by UK Export Finance forms a key part of the broader £5.2 billion debt-and-asset sale programme.
• The fundraising proposal has not yet received board approval, with executives targeting formal commitments by the end of the June quarter.
• Internal forecasts warn of operating losses up to ¥450 billion (£2.3 billion) in the year to March 2026 if US tariffs remain in place.
• Cost-cutting measures include 20,000 job cuts and the closure of seven factories by March 2028, and Nissan has not confirmed the long-term status of its Sunderland plant.