JinkoSolar Holding Co., Ltd. (Shanghai, China) on May 18th, 2016 announced that it has repaid the entire remaining balance of its 4.00% Convertible Senior Notes due on May 15th, 2016.
The total cash redemption, including the Principal, accrued interest up to and including May 15th, 2016, totaled USD 47,940,000.
“With this final payment, we have further
strengthened our balance sheet and increased our operational
flexibility,” commented Charlie Cao, JinkoSolar's Chief Financial
Officer.
“We will continue to focus on deploying our healthy cash flows towards areas that will generate long-term shareholder value.”
source: http://www.solarserver.com
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