Brief: Toyo Tire Corp - Announcement Regarding Dissolution Of Toyo Automotive Parts (USA) And Debt Waiver
10/08/2023 03:07
Aug 10 (Reuters) - Toyo Tire Corp 5105.T :
* ANNOUNCEMENT REGARDING DISSOLUTION OF TOYO AUTOMOTIVE
PARTS
(USA), INC. AND DEBT WAIVER
* WILL WAIVE LOAN CLAIMS OF $120 MILLION FROM U.S. UNIT
* POSTED IMPAIRMENT AND OTHER LOSSES RELATED TO TAP
DISSOLUTION
TOTALLING 3.76 BILLION YEN IN APR-JUNE QUARTER
Source text for Eikon: ID:nTStj83857
Further company coverage: 5105.T
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