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First Solar doubles available liquidity under credit agreement

First Solar Inc. amended its credit agreement to double the required available liquidity to $800 million, according to a Form 8-K filed Jan. 27.

The sixth amendment to the company's amended and restated credit agreement, dated Oct. 15, 2010, also will eliminate the requirement to maintain a minimum consolidated EBITDA.

JPMorgan Chase Bank NA served as the administrative agent. Bank of America NA, HSBC Bank USA NA and Credit Agricole Corporate and Investment Bank served as syndication agent, and Citicorp North America Inc. and Wells Fargo Bank NA acted as documentation agents.