Yingli Green Energy Announces Full Payment of 2012 MTNs
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Yingli Green Energy Holding Company Limited, one of the world’s leading solar panel manufacturers, recently announced that one of its primary operating subsidiaries, Yingli Energy (China) Company Limited (“Yingli China”), has paid RMB318 million (equivalent to approximately US$46 million) to China Government Securities Depository Trust and Clearing Company Limited, as depositary and custodian for the RMB300 million five-year unsecured medium-term notes due May 3, 2017 issued by Yingli China in May 2012 (the “2012 MTNs”), representing payment in full of the principal of, and accrued interests on, the 2012 MTNs. As such, Yingli China has discharged all of its payment obligations under the 2012 MTNs.
Source:PRN
