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Canadian Solar Infrastructure Fund to Refinance ¥3.8 Billion Green Bond with New Syndicated Loans

Story Highlights
  • Canadian Solar Infrastructure Fund will raise up to ¥3.8 billion in new unsecured syndicated loans to refinance maturing obligations.
  • The new loans will redeem a ¥3.8 billion green bond tied to PV asset acquisitions and impose covenants on leverage and coverage ratios.
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Canadian Solar Infrastructure Fund to Refinance ¥3.8 Billion Green Bond with New Syndicated Loans

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Canadian Solar Infrastructure Fund.Inc. ( (JP:9284) ) has issued an announcement.

Canadian Solar Infrastructure Fund, Inc. has decided to secure up to JPY 3.8 billion in new bank borrowings through a syndicate arranged by MUFG Bank, combining a five-year long-term loan of approximately JPY 2.3 billion and a one-year short-term loan of approximately JPY 1.5 billion, both on an unsecured, unguaranteed, bullet repayment basis. The proceeds are earmarked to redeem a JPY 3.8 billion green bond maturing on January 26, 2026, effectively refinancing existing debt used to acquire four PV facilities, and the new financing will be subject to standard covenants on leverage and coverage ratios that could trigger additional security requirements if breached, underscoring lenders’ focus on the fund’s balance sheet discipline and cash flow stability.

More about Canadian Solar Infrastructure Fund.Inc.

Canadian Solar Infrastructure Fund, Inc. is a Japan-listed investment corporation (securities code 9284) that invests primarily in photovoltaic (PV) power generation facilities, providing investors exposure to renewable energy infrastructure assets in Japan. Its asset management is conducted by Canadian Solar Asset Management K.K., positioning the group within the solar energy and infrastructure fund sector.

Average Trading Volume: 878

Technical Sentiment Signal: Buy

Current Market Cap: Yen41.25B

Find detailed analytics on 9284 stock on TipRanks’ Stock Analysis page.

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