First Solar Inc

NASDAQ:FSLR   3:59:54 PM EDT
68.18
+1.34 (+2.00%)
Debt Financing / Related

First Solar Inc Says Unit Entered Into A Facilities Agreement With Nomura Capital Investment And Aozora Bank

Published: 05/27/2022 21:03 GMT
First Solar Inc (FSLR) - First Solar Inc - on May 24, Unit Entered Into a Facilities Agreement With Nomura Capital Investment Co.
, Ltd.
and Aozora Bank, Ltd.
First Solar - Facility Provides for Borrowings Up to ¥21.5 Billion for Development & Construction of 53 Mwac Photovoltaic Power Plant in Tochigi, Japan.
First Solar - Credit Facility Consists of ¥18.8 Billion Term Loan Facility, ¥1.9 Billion Consumption Tax Facility, ¥0.8 Billion Debt Service Reserve Facility.
First Solar - Principal on Term Loan Facility is Payable in Scheduled Bi-annual Installments From October 2023 to Maturity of Facility in April 2040.
First Solar Inc - Principal on Consumption Tax Facility and Debt Service Reserve Facility Are Payable in Full Upon Maturity.
First Solar Inc - Consumption Tax Facility is Expected to Mature in October 2025 and Debt Service Reserve Facility Matures in April 2040.