Trina Solar completes US$138 million debt purchase

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

September 8, 2025
German inverter manufacturer SMA Solar is to restart US manufacturing for the first time in ten years.
September 8, 2025
Euclid Power has raised US$20 million Series A round led by Venrock to develop AI-driven platform and services for renewables. 
September 8, 2025
Georgia Power has certified five new solar power purchase agreements (PPAs) within its borders, for a combined capacity of just over 1GW.
September 8, 2025
Elmya Energy and Atlantica have formed a joint venture to develop 4GW of utility-scale renewable energy projects in the US. 
September 8, 2025
France has awarded 971MW of ground-mount solar capacity, to 165 projects, in the eighth round of the PPE2 PV tender.
Premium
September 8, 2025
Analysis: The first new product in Nextracker's eBOS portfolio aims for greater standardisation and speed of installation.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines