Taiwanese solar cell manufacturer Neo Solar Power made its return to the international equity-linked market in slightly over two years, bringing a $120 million deal on Tuesday that received stronger demand compared to the last issue.
The structure of the new Reg S-only deal was largely similar to the company’s outstanding $120 million zero-coupon bond due 2017. Both deals have a maturity of three years, came with no coupon, and were launched with a...