Toshiba says Westinghouse board to decide on bankruptcy

/ Mar 23, 2017

Toshiba says Westinghouse board to decide on bankruptcy

Toshiba Corp. said the board of its nuclear unit Westinghouse will decide whether to file for bankruptcy, suggesting that is one option under consideration as it struggles with billions of dollars in liabilities from cost overruns on nuclear construction projects. “Whether or not Westinghouse ...

/ Mar 10, 2017

Toshiba may ask banks to review loan terms

Toshiba Corp. is considering asking its creditor banks to review loan terms, including the possible scrapping of a covenant requiring loan repayments in case of falls in credit ratings, according to informed sources. By changing the loan terms, the struggling electronics and machinery maker ...