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Canadian Solar Inc announces closing of 3,194,700 common shares and US$150 mln convertible senior notes offerings

Tuesday, 18 Feb 2014 04:30pm EST 

Canadian Solar Inc:Says the closing of its offering of 3,194,700 common shares of the company, with no par value, including 416,700 common shares pursuant to the underwriters' full exercise of the over-allotment.Says also the closing of the concurrent offering of US$150 mln in aggregate principal amount of 4.25 pct convertible senior notes due 2019.Says it received aggregate net proceeds of about US$255.7 mln from these offerings, after deducting discounts and commissions but before offering expenses.Says Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, and Nomura Securities International, Inc. acted as joint book-running managers for the Common Shares Offering.Says Roth Capital Partners and Northland Securities, Inc. acted as co-managers for the Common Shares Offering. 

Company Quote

6 Jan 2015