Canadian Solar (NASDAQ: CSIQ) Prices Shares and Notes

Brian Hicks

Written By Brian Hicks

Posted February 12, 2014

solar roof

Canadian Solar Inc., one of the world’s biggest solar firms, has begun a huge fundraising round. Wednesday morning, the company priced 2.778 million common shares at $36 per share and priced a concurrent offering of $130 million of 4.25 percent convertible senior notes that will come due in 2019. This announcement follows the company’s preliminary release of its fourth quarter results, which included beating both shipment and profit guidance.

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