TOKYO (AFX-ASIA) – Tokyo Electric Power Co and nine other electric utilities plan to reduce the balance of their nonconsolidated interest-bearing liabilities by a combined 1.2 trillion yen to around 25 trillion yen by the end of March 2004, the Nihon Keizai Shimbun reported, without citing sources. (US$1=118 yen). Consequently, the balance of their interest-bearing…
JAPAN: 10 utilities eye 1.2 trillion cut in interest-bearing debt Ð report
Posted on July 23, 2003 by EnergyAsia