Financial Plan
Financial Plan
1. Self-financing by sales finance companies
The Nissan group has developed diversification of funding sources for the sales finance division to address possible changes in the financial market and has actively conducted fund raising from the capital market on top of bank borrowings. The group puts emphasis on Debt IR to maintain effective communication with the market.
2. Flexible and efficient financing
By utilizing MTN Programmes and setting up Shelf Registration, Nissan will be able to access the capital markets flexibly and efficiently.
3.Ensuring adequate liquidity
Nissan constantly ensures adequate liquidity by holding an appropriate level of cash and by maintaining committed credit facilities.
Major Credit Facilities
Nissan has the following credit facilities, which are to be reviewed periodically.
Japanese Yen Committed Facility
| Borrower | Nissan Motor Co., LTD. |
|---|---|
| Amount | 250 billion yen |
| Period | 4 years |
Global Multi-currency Revolving Facility
| Borrower | Nissan Motor Co., LTD. , Nissan Motor Acceptance Company LLC |
|---|---|
| Amount | USD 2,500M |
| Period | 5 years |
U.S. CP Back-up Facility
| Borrower | Nissan Motor Acceptance Company LLC |
|---|---|
| ① Amount | USD 2,424M |
| Period | 364 days |
| ② Amount | USD 2,000M |
| Period | 3 years |
| ③ Amount | USD 1,720M |
| Period | 5 years |