Nissan, which is facing a huge wall of loan repayments next year, is seeking to raise more than ?1 trillion ($7 billion) by issuing debt and selling assets to keep its operations on track, according to internal documents.

The struggling Japanese automaker plans to issue as much as ?630 billion in convertible securities and bonds, including high-yielding dollar and euro notes, the documents show. Nissan also plans to take out a ?1 billion ($1.4 billion) syndicated loan, guaranteed by U.K. Export Finance. Nissan operates Britain¡¯s largest automaking hub, in Sunderland.

In addition, Nissan is seeking to sell part of the 15% stake it owns in Renault and the equity interest it has in battery maker AESC Group, as well as plants in South Africa and Mexico. Sale-and-lease-back plans for its Yokohama headquarters, plus properties it owns in the United States, are also on the cards.

The carmaker¡¯s shares in Tokyo jumped as much as 4.6% by early afternoon Wednesday, their biggest intraday rise in more than a week, before closing down 0.3%.

The aggressive and wide-ranging fundraising plans underscore Nissan¡¯s rapidly deteriorating financial and operational position, despite efforts by newly appointed Chief Executive Officer Ivan Espinosa to turn the company around. Espinosa presented the options to the board earlier this month, people familiar with the matter said, with the goal of securing some funding within the quarter ending June 30.

The funding proposal doesn¡¯t appear to have been approved by Nissan¡¯s board yet, leaving it unclear whether it will happen, the people said, declining to be identified discussing details that are private. The proposal is also slated to include the rollover of some debt.

Representatives for Nissan didn¡¯t immediately respond to a request for comment. A spokesperson at U.K. Export Finance said in a statement that the organization does ¡°not comment on speculation around specific transactions.¡±

The funding urgency stems from internal forecasts predicting that Nissan¡¯s car manufacturing operations will see excess cash dwindle to close to zero by the end of March 2026, the documents show. The projections are based on U.S. tariffs remaining in place and no further cash injections.

Nissan has sufficient capital of about ?2.2 trillion in cash on hand and credit to last the next 12 to 18 months, Espinosa said earlier this month. ¡°We have a solid footing in terms of liquidity,¡± he said.

Given the uncertainty over tariffs and the state of its business, Nissan didn¡¯t issue a profit outlook for the current fiscal year, saying only it expects to post sales of ?12.5 trillion. Along with its group firms, Nissan is facing around $5.6 billion of debt due next year, the most in compiled data going back to 1996.