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Prospect News home > News index > List of issuers R > Headlines for ReneSola Ltd. > News item
Published on 5/19/2009 in the Prospect News Convertibles Daily.

ReneSola buys RMB 270 million 1% convertible bonds for RMB 186 million in second quarter

By Devika Patel

Knoxville, Tenn., May 19 - ReneSola Ltd. said it bought back RMB 270 million of its RMB 928.7 million 1% convertible bonds due March 26, 2012 for about RMB 186 million during the second quarter.

The company paid approximately 76% with cash and 24% with shares.

ReneSola, a Jiashan, China, manufacturer of solar wafers, said it may make additional repurchases.


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