Nissan Motor Raises 100 Billion Yen From First Bond Sale in Two Years

(Bloomberg) -- Nissan Motor Co., Japan's third-
largest automaker, raised 100 billion yen ($825 million) selling
bonds, according to a statement from the sale's arrangers.

Nissan priced 65 billion yen of five-year bonds to yield 22
basis points more than Japanese government debt with similar
maturity. The automaker also priced 35 billion yen of seven-year
bonds to yield 25 basis points more than government debt. A
basis point is 0.01 of a percentage point.


Read more at Bloomberg Bonds News