Key Facts
• July 7, 2025: Nissan announces issuance of $10 billion convertible bonds.
• Total funding goal: $50 billion, including dollar- and euro-denominated bonds.
• Convertible bonds mature in 2031, offering stock acquisition rights under conditions.
• Funds to address bond repayment due by March 2026 fiscal year.
• Investment focus: electric vehicle (EV) development and next-gen software-defined vehicles (SDVs).
• Convertible bonds reduce interest burden while securing long-term capital.
Summary
Nissan, facing ongoing financial challenges, plans to raise $50 billion through convertible and standard bonds. The initiative includes $10 billion in convertible bonds maturing in 2031, which allow stock acquisition under specific conditions. This funding will address significant bond repayments due by March 2026 and support the development of electric vehicles (EVs) and next-generation software-defined vehicles (SDVs). The convertible bonds offer the advantage of reduced interest costs while ensuring long-term capital for competitive growth in the EV market.
