Markets

U.S. open in 34 hrs, 48 mins

DJIA

10,464.40

30.69

0.29%

NASDAQ

2,176.05

6.87

0.32%

S&P 500

1,110.63

4.98

0.45%

10yr Note

100.844

0.25

0.25%

FTSE 100

5,364.81

40.85

0.77%

Nikkei 225

9,445.36

3.72

0.04%

Hang Seng

22,416.97

-194.83

0.86%

Euro (in USD)

1.514

0.0172

1.15%

Yen (per USD)

87.31

-1.20

1.36%

Gold (Dec)

1,194.40

7.40

0.62%

Oil (Jan)

77.58

-0.38

0.49%

BUSINESS NEWS

INVESTING

PERSONAL FINANCE AT WALLETPOP

SMALL BUSINESS

Canadian Solar raises $103.3M in share offering

posted: 34 DAYS 8 HOURS AGO

Text SizeAAA

NEW YORK -Solar-energy-system maker Canadian Solar Inc. on Thursday said it completed an offering of 6.9 million shares, raising $103.3 million, after discounts and commissions.

The offering was set at a price of $15.75 per share. Underwriters purchased an additional 900,000 shares.

Last week, Canadian Solar said it plans to use net proceeds from the offering for general corporate purposes.

Morgan Stanley, Deutsche Bank Securities and Piper Jaffray served as joint bookrunners in the offering, and Wells Fargo Securities served as co-manager.

Canadian Solar shares fell 5 cents to $16.21 in afternoon trading.

2009-10-22 15:18:40

COMMENTS ( 0 )

Newest First