Partners Capital Securities is expected to wrap up the placement on 30 June, Shunfeng said in a filing to the Hong Kong stock exchange this week. 

The bonds will offer a 4% interest rate with semi-annual payments, representing 9.7% of Shunfeng's expanded share capital if fully converted.

Shunfeng, based in China's Jiangsu province, claimed 890MW of grid-connected PV capacity as of 23 March.

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