JinkoSolar Raises Share Offering and Names Price

Author:Mark Osborne     Source:PV Tech     Click:564     Publish time:2013/9/25 12:05:49

Having previously announced an American depositary share (ADS) stock offering to potentially expand capacity, JinkoSolar has increased the number of shares to be made available at a price of US$16.25 per ADS.

The company raised the offering to 3.8 million shares, up from 3.5 million as well as providing the underwriters a 30-day option to purchase up to an additional 570,000 ADSs, up from 525,000 previously set.

In an SEC filing, JinkoSolar said that the total proceeds, before expenses, would be US$67,816,937.


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