JinkoSolar Signs JPY2 Billion Loan Agreement with Japanese Bank Consortium

Published on 14 Jul 2016
Jinko Solar 
JinkoSolar Holding Co., Ltd. today announced that JinkoSolar Japan K.K. has signed a one-year JPY2 billion syndicated loan agreement with a bank consortium led by Sumitomo Mitsui Banking Corporation ("SMBC") and includes Mizuho Bank, Ltd., the Tokyo Branch of the Industrial and Commercial Bank of China (ICBC) and NEC Capital Solutions Limited. The financing will be used to supplement JinkoSolar Japan's working capital.

"We are delighted to secure financing from a local bank consortium in Japan that will allow us to pursue opportunities in Japanese market," commented Mr. Charlie Cao, JinkoSolar's Chief Financial Officer. "It also demonstrates the trust and recognition that first-tier Japanese commercial banks have in our brand and operations in Japan. We look forward to further deepening our relationship with SMBC and other local banks as we expand our business there."


Source: JinkoSolar
ENF Profiles For Companies Mentioned in This Article

Jinko Solar (Solar Materials): http://www.enfsolar.com/directory/material/4383
Jinko Solar (Solar Panels): http://www.enfsolar.com/directory/panel/4383
Jinko Solar (Solar Components): http://www.enfsolar.com/directory/component/4383
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