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JinkoSolar Announces Repurchase at Option of Holders of 4.00% Convertible Senior Notes Due 2016
04/17/2014
JinkoSolar Announces Repurchase at Option of Holders of 4.00% Convertible Senior Notes Due 2016
SHANGHAI, China, April 17, 2014 — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a leading global solar power product manufacturer, today announced that it is notifying holders of its 4.00% convertible senior notes due 2016 (the “Notes”) that pursuant to the Indenture, dated as of May 17, 2011, by and between the Company, and The Bank of New York Mellon, as trustee, each holder of the Notes has the right, at such holder’s option, to require the Company to repurchase for cash all Notes held by such holder (or any portion thereof that is an integral multiple of $1,000 in principal amount) on May 15, 2014 upon the terms and conditions set forth in a notice that is being sent to the holders and in the form attached hereto as Schedule A. None of the Company, its board of directors, or its employees has made or is making any representation or recommendation to any holder as to whether to exercise or refrain from exercising the option.
This press release is for informational purposes only and is not an offer to purchase, or the solicitation of an offer to purchase, the Notes.
About JinkoSolar Holdings Co., Ltd.
JinkoSolar is a global leader in the solar PV industry with production operations in Jiangxi and Zhejiang Provinces in China and sales and marketing offices in Shanghai and Beijing, China; Munich, Germany; Bologna, Italy; Zug, Switzerland; San Francisco, the United States; Queensland, Australia; Ontario, Canada; Singapore; Tokyo, Japan and Cape town, South Africa.
JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of approximately 2.0 GW each for silicon ingots, wafers and solar cells and approximately 2.1 GW for solar modules, as of March 31, 2014. JinkoSolar sells electricity in China and distributes its solar products to a diversified customer base in the global PV market, including Germany, Italy, Belgium, Spain, the United States, Eastern Europe, China, India, Japan, South Africa, and other countries and regions.
To find out more, please see: www.jinkosolar.com |
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