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

April 28, 2026
Data centres have emerged as the primary driver of electricity demand growth for utility Origin Energy in Australia.
April 27, 2026
Social media tech giant Meta has signed an agreement to procure power from space-based solar power startup, Overview Energy.
April 27, 2026
The NYSERDA has launched an onshore solicitation programme to supporting the development of onshore wind, solar, and hydroelectric projects. 
April 27, 2026
Indian renewable energy major Adani Green Energy (AGEL) reported a 48% year-on-year increase in operational capacity to 17.24GW, driven predominantly by solar.
April 27, 2026
Last week, US renewable energy developer Headwater Energy acquired distributed energy operator Arena Renewables.
April 27, 2026
UK-based IPP Enviromena has signed a £825 million (US$1.1 billion) financing package to support its 1GW solar PV portfolio in the UK.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain