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Toshiba to seek loan support from creditor banks Tuesday: Sources

Toshiba to seek loan support from creditor banks Tuesday: Sources

Tuesday, April 4, 2017, 10:49 AM

Toshiba Corp will meet creditor banks on Tuesday to ask them to accept as collateral shares in its memory chip unit being split off and other businesses and not call in their loans, sources with direct knowledge of the matter said. A Toshiba spokeswoman confirmed the company will hold the meeting, but declined to disclose the agenda.
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