May 12, 2020 / 8:17 AM / 2 months ago

Honda says has enough cash but may issue bonds if new coronavirus waves hit

TOKYO (Reuters) - Honda Motor Co (7267.T) has enough cash on hand, equivalent to almost two months of sales, to weather the downturn caused by the coronavirus pandemic, but may issue bonds to raise funds if there is second or third wave of infections, a senior managing director at the company, Kohei Takeuchi said on Tuesday.

Reporting by Tim Kelly

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