Trina Solar completes US$138 million debt purchase

July 19, 2013
Facebook
Twitter
LinkedIn
Reddit
Email

Trina Solar has completed the repurchase of its outstanding convertible debt on schedule.

The firm issued US$138 million in aggregate principal amount of the Notes in July 2008 and began purchasing them in the fourth quarter of 2011. The company’s first quarter earnings showed a total of $84 million was outstanding as of 31 March 2013 with this final chunk cleared on 15 July.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The PV module manufacturer is now clear of convertible debt. The company does have around US$334 million in bank repayments due in 2014.

Read Next

December 30, 2025
Sembcorp has acquired a 100% stake in ReNew Sun Bright for approximately US$191.6 million, through its subsidiary, Sembcorp Green Infra.
December 30, 2025
The PV Review, 2025: Three companies have made headlines for their efforts, and failures, to produce polysilicon in the US this year.
December 30, 2025
Greenwood Energy has reached financial close for the first phase of its 52MWp Terra Site I solar project in Colombia.
December 30, 2025
CHN Energy has started full commercial operations at the 1GW HG14 floating PV (FPV) project off the coast of Dongying in China.
December 30, 2025
Fortis Energy has begun the construction phase of the 75MW Ersekë solar PV project in Albania, which is co-located with a BESS.
December 29, 2025
Mexico has awarded 3.3GW of renewable energy capacity, of which solar PV will account for 2.6GW of capacity.

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
November 24, 2026
Warsaw, Poland