Trina Solar Closes Follow-On Public Offering of 9,085,000 American Depositary Shares

March 25, 2010 by Jeff Shepard

Trina Solar Ltd. announced that its follow-on public offering of 9,085,000 American depositary shares, or ADSs (including 1,185,000 ADSs pursuant to the full exercise of underwriters’ over-allotment option), each representing 50 ordinary shares of the company, was closed on March 24, 2010. The company received aggregate net proceeds of approximately $175.6 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the company.

This offering was made under Trina Solar’s registration statement on Form F-3 filed with the Securities and Exchange Commission on July 27, 2009.