Automakers

Jaguar Land Rover raises $705 million from Chinese lenders

Jaguar E-Pace SUVs on the production line at JLR's joint venture factory with Chery in Chengdu, China. (Reuters)
R
By:
Reuters
June 05, 2020 09:41 AM

SHANGHAI -- Jaguar Land Rover has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.5 million), its first debt financing in China.

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