United Photovoltaics to issue US$250 million bond through Merrill Lynch and Morgan Stanley

January 20, 2017
Facebook
Twitter
LinkedIn
Reddit
Email
United Photovoltaics Group is arranging a US$250 million bond through Merrill Lynch and Morgan Stanley. Image: United PV

China-based PV energy provider (PVEP) United Photovoltaics Group is arranging a US$250 million bond through Merrill Lynch and Morgan Stanley.

United PV also said that the 8.25% senior notes due in 2020 included book runners Merrill Lynch International, Morgan Stanley, Nomura, China Merchants Securities (HK) and CITIC CLSA. 

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 company said that the funds, expected to be around US$241.0 million after commissions and expenses would be used pay down other loans used for PV power plant construction.

Read Next

April 24, 2026
Indian module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals.
April 23, 2026
UAE state-owned renewables developer Masdar has established a joint venture (JV) with the national power utility of Montenegro to develop “large-scale” clean energy projects in the country.
April 23, 2026
US-based forecasting company Amperon has launched a new AI-based short-term probabilistic forecasting tool for solar and wind generation assets.
April 23, 2026
Evren has secured US$600 million in financing to develop a 1GW hybrid firm and dispatchable renewable energy (FDRE) portfolio across Andhra Pradesh and Rajasthan.
April 23, 2026
The 31MW Mulwala Solar Farm in New South Wales has been registered in the Australian Energy Market Operator's Market Management System (MMS).
April 22, 2026
BrightNight has acquired a 6GW portfolio of projects previously held under its joint venture with Canadian asset manager Cordelio Power.

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