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Sunpower Group issues US$110m convertible bonds

If fully converted at the initial conversion price, the bonds will give subscriber 28.23% equity stake

Singapore

MAINBOARD-listed Sunpower Group, which designs and builds energy saving products in China, has secured a substantial investment from a fund owned by China-focused private equity firm CDH Investments.

The fund's vehicle, Glory Sky Vision Limited, will subscribe to US$110

sentifi.com

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