March 27, 2020 / 6:03 AM / 4 days ago

Toyota seeks $9.2 bln credit line from Sumitomo Mitsui, MUFG Bank - Kyodo

TOKYO, March 27 (Reuters) - Toyota Motor Corp has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back of the coronavirus pandemic, Kyodo News reported on Friday.

The three companies could not immediately be reached for comment.

$1 = 108.3800 yen Reporting by Chang-Ran Kim Editing by Shri Navaratnam

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