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JA Solar Vietnam Secures US$68.4 Million Financing

Published on 13 Jul 2018
JA Solar 
JA Solar Holdings Co., Ltd. announced that its wholly-owned subsidiary, JA Solar Vietnam Company Limited had entered into a long-term buyer credit loan agreement with China Minsheng Bank Corporation Limited Shijiazhuang Branch to fund the procurement of equipment at JA Solar Vietnam's 1.5GW of wafer manufacturing facility.

Under the terms of the loan agreement, the Lender agreed to provide the Subsidiary with a loan facility of up to US$68,396,100 with a seven-year term. In addition, the Company had signed a guarantee agreement with the Lender, under which the Company will provide corporate guarantee against the loan facility.


ENF Profiles For Companies Mentioned in This Article

JA Solar (Solar Panels): https://www.enfsolar.com/ja-solar
JA Solar (Solar System Installers): https://www.enfsolar.com/ja-solar
JA Solar (Production Equipment): https://www.enfsolar.com/ja-solar
JA Solar (Solar Materials): https://www.enfsolar.com/ja-solar
JA Solar (Solar Components): https://www.enfsolar.com/ja-solar
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