Toyota to issue $740.5 million worth of sustainable bonds
FILE PHOTO: The Toyota logo is seen at a booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Song/File Photo
TOKYO : Toyota Motor Corp said on Friday it will issue 100 billion yen ($740.5 million) worth of sustainable bonds.
The world's largest automaker by sales said it would use the money raised through the bonds for research and development as well as capital investment for battery electric vehicles and fuel-cell electric vehicles and their components, among others.
($1 = 135.0500 yen)
Source: Reuters
