First solar secures $1 billion revolving credit facility

Tempe, ariz.--(business wire)-- #americansolar--first solar, inc. (nasdaq: fslr) announced that on june 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion. the facility includes up to $250 million which is available for the issuance of letters of credit. j.p. morgan chase bank acted as lead arranger and is administrative agent for the facility. additional banks participating in the facility include joint lead arrangers bank of america, citibank, credit agricole cib, and.
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