First Solar amends revolver to increase size, extend maturity to 2015

By Sara Rosenberg

New York, Oct. 18 - First Solar Inc. amended its senior secured revolving credit facility, increasing the size to $600 million from $300 million and extending the maturity to 2015, according to a news release.

JPMorgan and Bank of America acted as the joint lead arrangers and bookrunners on the oversubscribed deal.

First Solar is a Tempe, Ariz.-based manufacturer of solar modules with an advanced semiconductor technology and provides comprehensive photovoltaic system solutions.

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