China suntech default
Suntech Power Holdings, one of the world's largest solarpanel manufacturers, has defaulted on 541 million in bonds.Chinese solar panel maker Suntech defaults on 541 million payment a severe setback for a company lauded by Chinas Communist government as a leader of efforts to make the country a center china suntech default
Chinese solar panel manufacturer Suntech announced today that it has defaulted on a 541 million bond payment.
China suntech default free
Suntech Power. Suntech's fortunes have declined significantly since its peak in 2008, due to a glut in the market for solar products and problems with its investments. In March 2013 it announced a US541 million bond payment default, becoming the first company from mainland China
Suntech Power Holdingss announcement was a severe setback for a company lauded by Chinas Communist government as a leader of efforts to make the country a center of the renewable energy
China's Suntech Power in 541m debt default. China's Suntech Power Holdings, the world's biggest solar panel maker, has defaulted on its debt. The firm said it had failed to repay 541m (360m) worth of bonds due on 15 March. That triggered crossdefault clauses on its other loans as well. The failure to make payments on
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Suntech Power Holdings, a Chinabased solar firm, has announced that it has received from the trustee of its 3 convertible notes a notice of default and acceleration relating to Suntech's non
Mar 19, 2013 The world's largest solar panel maker, located in China, has defaulted on a 541 million debt payment. Suntech Power Holdings was due to make the payments on its bonds last Friday(March 15) but
Mar 19, 2013 Suntech Power Holdings Co. s notice that it defaulted on 541 million of bonds brings China a step closer to consolidating its solar industry, which includes four of the top six panel makers.
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