Jan. 29 (Bloomberg) -- Sony Corp., the world’s second- largest consumer-electronics maker, obtained a $1.5 billion credit line from three Japanese banks including Mitsubishi UFJ Financial Group Inc.

The five-year facility will run until 2013, Mami Imada, a Sony spokeswoman, said by telephone from Tokyo today. She declined to disclose the names of the other two financial institutions.

Sony currently has $4.3 billion of credit lines with foreign banks that expire April 1, Imada said, confirming a report in the Nikkei newspaper today.

The Tokyo-based company is in talks with those foreign financial institutions to renew the contract, Imada said. The amount has yet to be decided, she said.

To contact the reporter on this story: Hiroshi Suzuki in Tokyo at Hsuzuki5@bloomberg.net.

Last Updated: January 28, 2009 19:35 EST