Solar Energy: Plans to publicly issue corporate bonds not exceeding 2 billion yuan

September 09, 2024

On July 17, Suntech Power announced that it plans to publicly issue corporate bonds to professional investors that meet the requirements of the "Corporate Bond Issuance and Trading Management Measures". The scale of this public issuance of corporate bonds will not exceed 2 billion yuan, and will be issued in installments based on the bond market conditions and funding needs. The funds raised from this public issuance of corporate bonds are intended to be used to repay the company's interest-bearing debts, supplement working capital and other purposes that comply with regulatory requirements.

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Author:

Ms. Rina Huang

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