Brief: Archion Corp: Entered Into MoU On Total 220 Billion Yen Financial Flexibility Framework Provided By Toyota Motor And Daimler Truck AG
April 1 (Reuters) - Archion Corp 543A.T: ARCHION CORP - ENTERED INTO MOU ON FINANCIAL FLEXIBILITY FRAMEWORK PROVIDED BY TOYOTA MOTOR AND DAIMLER TRUCK AG ARCHION CORP - AGREED THAT IF NECESSARY, TO PROCURE UP TO 200 BILLION YEN FROM TOYOTA BY ISSUING BONDS WITH SHARE ACQUISITION RIGHTS THAT ARE CONVERTIBLE INTO CLASS A SHARES ARCHION CORP - ALSO AGREED THAT IF NECESSARY, TO PROCURE UP TO 20 BILLION YEN FROM DAIMLER TRUCK BY ISSUING STRAIGHT BONDS Source text: ID:nTSpa9150a Further company coverage: 543A.T (Reporting by Kantaro Komiya) ((Kantaro.Komiya@thomsonreuters.com;))
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