Nissan Raises US$5.8 Billion Through Bond Issuance

Nissan completed a bond issuance totaling ¥860 billion (US$5.8 billion) to secure liquidity and support its medium and long-term corporate strategies. The issuance included bonds denominated in US dollars, euros, and yen convertible bonds, which were oversubscribed, reflecting market confidence in Nissan’s ongoing restructuring plan, Re:Nissan.

Of the total amount raised, ¥660 billion came from traditional bonds in dollars and euros, while ¥200 billion corresponded to convertible bonds. These bonds were placed with maturities ranging from four to 10 years, aligned with Nissan’s strategic vision for corporate transformation.

Nissan intends to use the proceeds primarily to address upcoming debt maturities, including approximately ¥700 billion due in 2025. Additionally, funds will be allocated to general corporate purposes and investments in electrification and software-defined vehicle technologies. The convertible bonds will support new product development focused on technology and innovation before FY30.

Nissan CEO Iván Espinosa leads the global restructuring plan “Re:Nissan,” unveiled on May 13, 2025, aimed at restoring operating profitability and achieving positive cash flow by fiscal 2026. The plan targets a reduction of ¥500 billion in fixed and variable costs through cuts in engineering, supply chain optimization, product reconfiguration, platform rationalization, and adjustments to regional commercial strategies.

Nissan posted a net loss of ¥670.9 billion for the year ending March 2025, reversing a ¥426.6 billion profit from the previous year.