Toshiba is going to attract a loan of $2.5 billion to reorganize


Moscow. December 29. Japanese Toshiba is going to attract is already the second credit line in the last three months to reorganize operations, expects to receive 300 billion yen ($2.5 billion), reports Bloomberg.

Earlier this month the company announced that it will record a record loss in the current fengdu due to recent scandal reports, and also will cut jobs and restructure certain operations.

Manual Toshiba hopes to gain access to new credit lines by the end of January 2016. In September, the company has received from banks the loan amounting to 400 billion yen.

With a new credit line debt Toshina will exceed 1 trillion yen, the company notes.

According to the forecast of the company, its net loss by results Vigoda ending 31 March 2016, to reach a record 550 billion yen ($4.5 billion).

Toshiba will reduce 6.8 thousand jobs in the units for production of TV sets, personal computers and home appliances, said in a press release. The reduction will be about 30% of the global staff of Toshiba.

Last week the international rating Agency Moody’s downgraded the rating of priority unsecured bonds Toshiba immediately by two notches – from “Baa3” to “Ba2” related to the category of speculative ratings.

Meanwhile, another rating Agency – Standard & Poor’s – downgraded by one notch long-term credit rating of Toshiba Corp. from “BBB-” to “BB+”.

Toshiba shares in trading in Tokyo on Tuesday rose by 2.7%. Since the beginning of this year their cost has fallen by 56%.