• Kyodo


Kansai Electric Power Co. is planning to raise an additional ¥670 billion through bank loans and issuing commercial paper by March 31, which would bring its total amount of funds raised in fiscal 2011 to more than ¥1 trillion, sources said.

Around 75 percent of the loans will be provided by leading domestic banks and the government-backed Development Bank of Japan, the sources said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.