Suntech Prices US$425 M Convertible Senior Notes

Wuxi, China [] Suntech Power Holdings Co., Ltd. announced the pricing of US$425 million of 0.25% Convertible Senior Notes due 2012 in a private offering. As a result of strong investor interest and market demand, the offering size was upsized from US$300 million to US$425 million. Pricing took place after one day of marketing. The initial purchasers hold a 30-day option to purchase up to an additional US$75 million of the notes to cover over-allotments, if any. The sale of the notes is expected to close on February 12, 2007.
Previous articleConnecticut Program Enhances Solar PV Rebate Program
Next articleNational RPS Bill Introduced on Capitol Hill

No posts to display