JA Solar IPO raises $225 mln, above range

NEW YORK, Feb 6 (Reuters) - China's JA Solar Holdings Co. Ltd., a maker of solar cells, on Tuesday raised $225 million with an initial public offering that was priced above a forecast range.

The 15 million American depositary share (ADS) offering sold for $15 per share compared with a $12.50 to $14.50 forecast, according to an underwriter.

Each ADS represents three common shares, according to documents filed with the U.S. Securities and Exchange Commission.

Underwriters, led by CIBC World Markets and Piper Jaffray, have the option to buy another 2.25 million ADS to cover overallotments.

The company was approved to list shares on the Nasdaq under the symbol "JASO." (JASO.O)