Sharp’s Two Main Banks Said to Plan Approval of Revival Package

Sharp’s Two Main Banks Said to Plan Approval of Revival Package

Tomohiro Ohsumi/Bloomberg

A Taiwanese television crew reports in front of Sharp Corp. televisions displayed inside the Sakai Display Products Corp. plant in Sakai City, Osaka, Japan. The maker of Aquos TVs has turned to lenders for financial support as commercial papers come due and after Standard & Poor’s and Moody’s Investors Service cut its credit ratings to junk.