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

June 18, 2026
US tracker supplier Array Technologies has launched an enhanced version of its DuraTrack system that supports a two-row module format.
June 18, 2026
Data loss in PV project design can lead to inaccurate energy modelling and underperforming solar projects. Maksim Markevich examines how the industry can avoid these blind spots.
June 18, 2026
Norwegian independent power producer (IPP) Scatec has reached financial close for the 120MW Sidi Bouzid II solar PV project in Tunisia.
June 18, 2026
Renewable energy investment platform Chrysalis Renewables LP (Chrysalis) has acquired the Atlas V and Atlas VI solar projects in the US.
Premium
June 18, 2026
In this interview with PV Tech Premium, Enervest CEO Ross Warby explains the demands of floating solar on a live water utility reservoir.
June 18, 2026
Developer Lightsource bp has reached financial close on the 171MWdc Glorit solar PV power plant, north of Auckland, New Zealand.

Upcoming Events

Media Partners, Solar Media Events
June 30, 2026
Sacramento, California
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Media Partners, Solar Media Events
September 1, 2026
Mexico City, Mexico
Solar Media Events
September 9, 2026
Schaumburg, Illinois
Media Partners, Solar Media Events
September 9, 2026