Nichi-Iko Secures Up To ¥98.5bn Debt Relief As ADR Pushes Ahead
Company Is Set To Delist From Tokyo Stock Exchange Later This Year
Executive Summary
Troubled Japanese firm Nichi-Iko has currently has ¥55.8bn of debt forgiveness, which may expand to ¥98.5bn in the future. It currently faces regular payments until 2033 to settle all of its debts.
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