First Solar Enters Five-Year Credit Facility for $1 Billion
July 06 2023 - 3:54PM
Dow Jones News
By Denny Jacob
First Solar on Thursday said it recently entered into a
five-year revolving credit and guarantee facility for $1
billion.
The solar manufacturer said the facility includes up to $250
million that is available for the issuance of letters of
credit.
"This revolving credit facility provides us the financial
headroom and flexibility we need, while also balancing our ability
to grow in response to demand for our technology," said Chief
Executive Mark Widmar.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
July 06, 2023 16:39 ET (20:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
First Solar (NASDAQ:FSLR)
Historical Stock Chart
From Apr 2024 to May 2024
First Solar (NASDAQ:FSLR)
Historical Stock Chart
From May 2023 to May 2024
