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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Shunfeng issuing $297m of bonds
Shunfeng Photovoltaic International is issuing roughly $297m worth of five-year convertible bonds, partly to fund development of the 10GW of PV capacity it plans to build by late 2016.
16 April 2014 6:36 GMT
Updated
27 September 2016 6:13 GMT
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