Trina Solar to offer 8M American depositary shares
BUSINESS WEEK - Chinese solar power company Trina Solar Ltd. said it plans to offer 7.9 million American depositary shares, each representing 50 ordinary shares of the company.
On Wednesday, the company said it intends to grant the underwriters an option to purchase up to additional 1.185 million American depositary shares, which are securities designed to allow investors to trade shares of companies based overseas.
