JinkoSolar obtains Viborillas project debt

JinkoSolar obtains Viborillas project debt

Loans Debt Project & Infrastructure Finance Renewable Mexico China

JinkoSolar has secured $133m in debt to fund construction of the 100 MW Viborillas solar power plant in Mexico, a source close to the deal said. The facility comprises a seven-year $106m term loan, a $5m letter of credit with the same tenor and a MXN400m ($22.15m) VAT facility, the source confirmed. As previously reported by LatinFinance, MUFG and Natixis were coordinating lead arrangers, while the following institutions participated as lenders: - BBVA- Intesa Sanpaolo- Societe Generale- SMBC Ac

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