TOKYO -- Marelli Holdings, formerly Calsonic Kansei, on Tuesday will file for an alternative dispute resolution, a type of voluntary debt workout, Nikkei has learned. With debt of around 1 trillion yen ($8.65 billion), the auto parts supplier will ask its lenders for a waiver of hundreds of billions of yen.
Automobiles
Marelli to file for voluntary debt workout
Nissan supplier with $8.6bn of debt to ask Mizuho, 29 other lenders for waiver
Marelli's logo is seen at its headquarters in Saitama, Japan. (Photo by Takayuki Iwasaki)
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