Toshiba seeks new loan, offers stake in memory chip unit as collateral: sources

Apr 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

TOKYO (Reuters) – Toshiba Corp on Tuesday asked creditor banks for a new loan and offered a stake in its memory chip unit that is being split off as collateral, sources with direct knowledge of the matter said.