TOKYO, March 24 Toshiba Corp's main
lenders are asking Toshiba to submit a bankruptcy filing for its
U.S. nuclear unit Westinghouse Electric Co LLC by the end of
this month, the Nikkei business daily reported on Friday,
without citing sources.
Sumitomo Mitsui Banking Corp and Mizuho Bank Ltd
have asked that Westinghouse file for Chapter 11 so
that future losses from cost overruns at two U.S. projects can
be contained, the paper said.
Earlier this month Japan's Finance Minister Taro Aso said
Westinghouse needs to decide by the end of the month whether to
file for Chapter 11 so Toshiba can compile audited third-quarter
earnings without further delays.
(Reporting by Junko Fujita; Editing by Edwina Gibbs)