Bloomberg report that Sony have taken out their first bank loan in 10 years, borrowing around $700 million with a 3 year, floating rate term. The massive loan has come from more than 20 Japanese lenders, and as Sony have reportedly noted, it is ?to diversify funding sources?.
According to the [Bloomberg] report, Sony ?tapped the [...]
"Sony Borrow Nearly $700 Million" - 04.07.06