ReneSola breaks CB drought with $175 million deal

The US-listed solar wafer and module manufacturer becomes the first Chinese company to sell convertible bonds this year and the first Asia-based issuer to come to the CB market since mid-January.
March 11, 2011

Solar wafer and module manufacturer ReneSola yesterday became the first Chinese company to issue a convertible bond this year with a $175 million seven-year deal that priced after the US market closed on Wednesday.

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