Aug 22, 2011 - Chinese monocrystalline silicon ingots and wafers maker Solargiga Energy Holdings Ltd (HKG:0757) said Friday it would issue CNY 300 million (USD 47m/EUR 32.6m) in three-year bonds.
The company will use the proceeds for general corporate purposes.
The bonds will bear a coupon of 4.75% per year. They are due August 24, 2014.
Solargiga closed 2010 with manufacturing capacity for ingots, wafers and PV module components of 800 MW, 600 MW and 50 MW, respectively. The company expects its monocrystalline silicon wafer capacity to reach 900 MW by the end of 2011.