Canadian Solar Inc. has announced a proposed private offering of US$200 million aggregate principal amount of convertible senior notes due 2031. The notes will be offered to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The company also expects to grant the initial purchasers an option to buy up to an additional US$30 million of the notes within 13 days of the initial issuance. Proceeds from the offering are intended for investments in U.S. manufacturing capacity, battery energy storage and solar power solutions, as well as for working capital and general corporate purposes. The notes will mature on January 15, 2031, and can be converted into Canadian Solar common shares at the holder's option prior to maturity. Interest rate, initial conversion rate, and other terms will be set at pricing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canadian Solar Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN58421) on January 07, 2026, and is solely responsible for the information contained therein.
