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

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

October 29, 2026
First Solar has inaugurated the first 1.7GW phase of its US$330 million manufacturing facility in Gaffney, Cherokee County, South Carolina.
October 29, 2026
Western Australian government has set a target for renewables to supply 75% of SWIS electricity generation by 2030-31.
October 28, 2026
Corning reported a 37% year-on-year increase in solar segment sales to US$436 million in the third quarter of 2026.
October 27, 2026
Trinasolar will supply 580MW of solar modules and fixed-tilt mounting systems for four utility-scale solar projects in Poland and Lithuania.
October 27, 2026
Data centres could add AU$40 billion (US$28 billion) to wholesale electricity costs in Australia's eastern states.
October 15, 2026
Australia's solar financial investment decisions (FIDs) have hit a record 3.5GW in 2026, with energy minister Chris Bowen saying renewable energy investment "has already broken the annual record".

Upcoming Events

Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye