Tepco Asks Lenders for Loans of 1 Trillion Yen, Nikkei Reports
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Tokyo Electric Power Co. and the Japanese government’s nuclear disaster rescue fund asked lenders for about 1 trillion yen ($12.9 billion) in loans, the Nikkei newspaper reported.
The Nuclear Damage Liability Facilitation Fund is asking for the loans to be advanced with no collateral or repayment guarantees from the government, the Nikkei said, without providing the source of the information.