Just a few days ago Solarfun Power (SOLF) announced a credit facility worth RMB 6 billion from the Nanjing branch of the Bank of Shanghai.  This morning they announced another big credit facility, this time worth RMB7 billion from Bank of China.  It has a term of 10 years with specific draw downs subject to review. 

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Gareth Kung, Chief Financial Officer of Solarfun, commented, “Our longstanding … Read the rest