JLR Inks Pact With Chinese Lenders For Term Loan Of $704.5 Million
They said the Chinese banks that would provide it with the three-year revolving loan include Bank of China, ICBC, China Construction Bank, Bank of Communications and Shanghai Pudong Development Bank
Topics
Jaguar Land Rover | JLR
Agencies Last Updated at June 5, 2020 22:57 IST
(JLR), owned by Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of $704.5 million, marking its first debt financing in China, it said.
They said the Chinese banks that would provide it with the three-year revolving loan include Bank of China, ICBC, China Construction Bank, Bank of Communications and Shanghai Pudong Development Bank.
First Published: Fri, June 05 2020. 22:05 IST
';if(neverShowNotificaitonCookie==''||neverShowNotificaitonCookie=='undefined'||neverShowNotificaitonCookie==null){var lastReminderCookie=getCookie('_ler'+loginParamObj.uId);if((lastReminderCookie=="")||(lastReminderCookie=="undefined")||(lastReminderCookie==null)){$('body').prepend(notificationBox);}else{if(lastReminderCookie
Please click here to pay ');window.open(resopnseObject.tinyUrl,"_blank");if($("#generate_invoice_manage").length>0){location.reload();}generateInvoice2=function(){};}else{alert("Your invoice has been successfully generated. Please check your mail.");generateInvoice2=function(){alert("Your invoice has been successfully generated. Please check your mail.");};}}else{alert("Your request has been registered by us. We will contact you soon");generateInvoice2=function(){alert("Your request has been registered by us. We will contact you soon");};remindNotificationLater(loginParamObj.uId);}$("#loading_invoice").hide();}});return false;}}}}}});function remindNotificationLater(userId){var currentTimestamp=Math.floor(Date.now()/1000);var tempTime=new Date(currentTimestamp*1000);var lastExpNotification=Math.floor(tempTime.setMinutes(tempTime.getMinutes()+60)/1000);var d=new Date();d.setTime(d.getTime()+(60*60*1000));var expires="expires="+d.toUTCString();document.cookie="_ler"+userId+"="+lastExpNotification+"; "+expires+"; path=/";$('#endSubscriptionNotification').remove();}function closeNotificationForever(userId){var neverShowNotificaitonCookie=getCookie('_nsn');neverShowNotificaitonCookie+=","+userId;var d=new Date();d.setTime(d.getTime()+(30*24*60*60*1000));var expires="expires="+d.toUTCString();document.cookie="_nsn="+neverShowNotificaitonCookie+"; "+expires+"; path=/";$('#endSubscriptionNotification').remove();}function popupOpen(shareHref){var fullHref=shareHref+window.location.href;window.open(fullHref,'fbShareWindow','height=450, width=550, top='+($(window).height()/2-275)+', left='+($(window).width()/2-225)+', toolbar=0, location=0, menubar=0, directories=0, scrollbars=0');}
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more
JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism
In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more
Big Banks Vs. Regional Banks: The Battle For Market Share
The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more
The Evolution Of Philanthropic Advisory Services In Private Banks
The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more