JinkoSolar Gets $58 Million Loan From China Development Bank
Stock Chart for JinkoSolar Holding Co Ltd (JKS)
The loan agreement is for a 15-year period, JinkoSolar said in a statement on PR Newswire today.
“Securing long-term and stable source of capital, within this agreement, will reinforce our competitive status and already leadership position in the Chinese market,” said Xiande Li, chairman of JinkoSolar. “It demonstrates CDB’s trust in the company’s strong balance sheet.”
To contact the reporter on this story: Marc Roca in London at email@example.com
To contact the editor responsible for this story: Reed Landberg at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.