Financial Plan
1. Self-financing by sales finance companies (NFS and NMAC)
Taking into account the diversification of financing methods, Nissan group (especially NFS and NMAC) have a plan to access more frequently to the capital markets in addition to fund raising by loans and borrowings from financial institutions. Furthermore, in order to make more communication with the market, Nissan will strengthen its Debt IR.
- * NFS : Nissan Financial Services Co., Ltd.
- * NMAC : Nissan Motor Acceptance Corporation
2. Flexible and efficient financing
By utilizing MTN Programme and setting up Self Registration, Nissan will be able to access to the capital markets flexibly and efficiently.
3. Keeping enough liquidity
Nissan always maintains enough liquidity by means of appropriate level of cash and committed credit facilities.
Credit Facilities
Nissan has the following credit facilities, which are to be reviewed periodically.
Japanese Yen Committed Facility
| Borrower | Nissan Motor Co.,LTD. |
|---|---|
| Amount | 200 billion yen |
| Period | 3 years |
Global Multi-currency Revolving Facility
| Borrower | Nissan Motor Co., LTD. , Nissan Motor Acceptance Corporation |
|---|---|
| Amount | USD 1,800 M |
| Period | 3 years |
U.S. CP Back-up Facility
| Borrower | Nissan Motor Acceptance Corporation |
|---|---|
| Amount | USD 3,000 M |
| Period | 5 years |
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