The largest merchant solar cell producer, Neo Solar Power (NSP) has raised approximately US$120 million in a bond issue.
According to reports, NSP was expected to use the proceeds for raw material purchases such as silicon wafers. The convertible bond was said to be a three-year deal.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
NSP recently reported June revenue of NT$2,208 million, down 15.82% compared to the previous month, ahead of US anti-dumping rulings expected at the end of July.