Toshiba accelerates debt repayment to get banks off its back

Toshiba has been paying down debt at an accelerated rate giving rise to speculation that it does not want its creditors to have influence over its policy towards its memory unit, In Q1 Toshiba paid off 40% of the $8.3 billion it owes to seven banks, reports the Nikkei. According to the Nikkei, it was ...

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