Summary: Nissan shares fell over 6% after expanding its convertible bond issuance to 200 billion yen due to strong demand. The bonds, potentially dilutive, are being used to invest in new products and technologies, while senior unsecured bonds will refinance debt. Nissan faces financial challenges, including a $4.5 billion net loss and “junk” debt ratings.

Link: https://www.channelnewsasia.com/business/nissan-shares-walloped-after-it-boosts-planned-issuance-convertible-bonds-5226396