Sumitomo Mitsui Provides $227MM DIP for Airbag Maker Takata
Japanese airbag maker Takata has obtained a commitment for up to ¥25 billion ($227 million) in debtor-in-possession financing from Sumitomo Mitsui. Key Safety Systems of Michigan is purchasing the company, which filed Chapter 11 in the U.S.
June 26, 2017
Key Safety Systems | Sumitomo Mitsui | Takata
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