Chinese PV Industry Brief: Longi to issue $1.38 billion of bonds

Longi says it will issue up to CNY 10 billion ($1. 38 billion) of bonds. It will primarily use the funds to support operational needs, supplement working capital, repay interest-bearing debts, and aid project construction and operations. Longi plans to issue up to CNY 10 billion of bonds with a maturity period not exceeding seven years. The issuance may include general corporate bonds, perpetual corporate bonds, short-term corporate bonds, technological innovation bonds, and green bonds. The company said the specific terms and scale of the issuance will be based on its funding needs and prevailing ...

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