Mortgage

JD.com Enters into a Green Loan Facility | News

Mortgage interest deduction: What you need to know for filing in 2022 | News
Written by Publishing Team

BEIJING, Dec. 29, 2021 (GLOBE NEWSWIRE) – JD.com, Inc. (“Company” or “JD.com”) (Nasdaq: JD; HKEX: 9618), a leading supply chain-based technology and services provider, announced today that it has entered into a five-year, $2.0 billion five-year unsecured loan facility for five years years with five main organizers. This loan facility is the company’s first green loan facility. Term loans and revolving loans under this facility are priced at 85 basis points over LIBOR. The Company intends to use the proceeds from this Loan Facility to (i) finance or refinance, in whole or in part, one or more of its new or existing eligible green projects and/or (ii) general corporate purposes. This loan facility remains subject to final registration with the applicable regulatory authority in China.

About JD.com JD.com is a leading technology-based supply chain and service provider. The company’s cutting-edge retail infrastructure strives to enable consumers to buy what they want, whenever and wherever they want. The company has opened its technology and infrastructure to partners, brands and other sectors, as part of offering retail as a service to help drive productivity and innovation across a range of industries.

Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the US Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terms such as “will,” “expect,” “expect,” “future,” “intend,” “plan,” “Believes”, “estimates”, “confident” and similar statements. Among other things, quotes from management in this announcement, as well as JD.com’s strategic and operating plans, contain forward-looking statements. JD.com may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”), in announcements made on the website of the Hong Kong Stock Exchange Limited (“Hong Kong Stock Exchange”), in its annual report to shareholders. , in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties Statements that are not historical facts, including statements about JD.com’s beliefs and expectations, are forward-looking statements Forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: JD.com’s growth strategies; future business development, results of operations and financial condition; its ability to attract New customers and retention and increased revenue generated from repeat customers; its expectations regarding the demand for and market acceptance of its products and services; trends and competition in the e-commerce market in China; changes in its revenue and some of the structures d cost or expense; The expected growth of the Chinese e-commerce market; laws, regulations, and governmental policies relating to the industries in which JD.com or its business partners operate; Potential changes in laws, regulations, and government policies or changes in the interpretation and implementation of government laws, regulations and policies that could adversely affect the industries in which JD.com or its business partners operate, including, among other things, initiatives to enhance the oversight of publicly listed companies External and tighter controls on data privacy and data security; risks associated with JD.com’s acquisitions, investments and alliances, including fluctuations in the market value of JD.com’s investment portfolio; impact of the COVID-19 pandemic; Natural disasters and geopolitical events. change in tax rates and financial risks; Intensity of competition and general market and economic conditions in China and the world. More information about these and other risks is included in JD.com’s filings with the Securities and Exchange Commission (SEC) and announcements on the Hong Kong Stock Exchange website. All information provided here is as of the date of this announcement, and JD.com undertakes no obligation to update any forward-looking statement, except as required by applicable law.

Contacts

Investor Relations Ruiu Lee Senior Manager Investor Relations +86 (10) 8912-6804 IR@JD.com

Media Relations +86 (10) 8911-6155 Press@JD.com

Copyright 2021 GlobeNewswire, Inc.

.

About the author

Publishing Team

Leave a Comment