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

January 30, 2026
India Power Corporation Limited has partnered with Bhutan’s Green Energy Power Private Limited to develop a 70MWp solar power plant in Paro, Bhutan
January 30, 2026
 Scatec has reported strong fourth-quarter results with proportionate revenues increasing 25% year-on-year to NOK3,362 million (US$2.68 billion).
January 30, 2026
A 132MW solar PV project from French renewables company Voltalia has been selected by the Tunisian government for construction.
January 29, 2026
Renewables-specific M&A platforms offer project buyers and sellers transparency and efficiency in Europe’s increasingly selective deal environment, writes Ksenia Dray.
January 29, 2026
Clean energy pricing in Europe and America is set for a decisive adjustment in 2026 as record deployment levels collide with heightened market volatility and policy headwinds.
January 28, 2026
India’s power system faced growing integration challenges in 2025 as solar curtailment emerged as an early signal of insufficient grid flexibility, according to a new report from energy think tank Ember.

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Upcoming Webinars
February 18, 2026
9am PST / 5pm GMT
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA