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Home > News > China Thin Film Solar IPO: Trony Solar Holdings

December 8th, 2009

China Thin Film Solar IPO: Trony Solar Holdings

Abstract:
Trony Solar Holdings (TRO), China's largest manufacturer of thin film solar modules, is expected to go public this week.

Offering: 19.5 million shares at $9-$11 per share. Net proceeds of approximately US$134.5 million will be used to expand manufacturing facilities and manufacturing lines and to repay debt.

Lead Underwriters: J.P. Morgan (JPM), Credit Suisse (CS), CLSA Asia-Pacific Markets

Source:
seekingalpha.com

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