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SolarWorld has issued a €400m bond

SolarWorld AG has successfully issued a bond with a volume of €400 million to strengthen its financial flexibility for continued international growth.

The emphasis lies on the expansion of production capacities at the German site Freiberg in Saxony creating 500 new jobs, SolarWorld says.

Philipp Koecke, Chief Financial Officer of SolarWorld, says: “With the issue of this bond we are continuing our successful 10-year stock exchange history and we are delighted with the trust that the capital market has been placing in us. This was confirmed by the fact that the bond was oversubscribed twice over within a very short period of time. The bond is another building block in our sound financial basis”.

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Photovoltaics (PV)  •  Policy, investment and markets  •  Solar electricity