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Chip Memory Firm Kioxia’s Banks Prep $14 Billion Loan for Western Digital MergerKioxia Holdings Corp.’s lenders plan to submit a commitment letter in October for the refinancing of ¥2 trillion ($14 billion) in loans to help fund the merger with Western Digital Corp.’s flash memory business that’s still under discussion, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Japanese banks to lend up to $13 billion for Kioxia, Western Digital merger-BloombergTOKYO (Reuters) - Sumitomo Mitsui Banking Corp and three other Japanese banks have started looking into extending up to 2 trillion yen ($13.5 billion) ...
Source: SaltWire Network - 🏆 45. / 63 Read more »