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Tag Archives: Convertible bond
Cross-defaults triggered for Suntech’s bonds; suppliers and lenders start payment claims – Another one bites the dust!
Suntech Power Holdings default on paying back its US$541 million convertible note last week has triggered cross-defaults on other loans, according to the company. Suntech also said in a statement, confirming its US$541 million convertible note default, that some of … Continue reading
Posted in Crystalline, PV, Solar
Tagged $541 million, Bankruptcy, Bonds, Company, Convertible bond, international finance corporation, PV Manufacturer, solar pv modules, Suntech, Suntech Power
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