JinkoSolar arranges club loan in Mexico

JinkoSolar arranges club loan in Mexico

Mexico Loans Bonds Project & Infrastructure Finance

JinkoSolar is line to get a club loan from six banks to finance three solar photovoltaic (PV) projects in Mexico, LatinFinance has heard.The banks – BBVA Bancomer, Intesa Sanpaolo, MUFG, Natixis, Societe Generale and SMBC – will provide a seven-year, mini-perm loan for between $150m and $200m, sources said.The sources declined to discuss pricing, but one banker on the deal called it "pretty aggressive." In comparison, Acciona and Tuto Energy are looking to get a $280m long-term loan th

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