Canadian solar inc. announces us$200 million private placement of secured convertible notes with pag

Guelph, on , aug. 19, 2024 /prnewswire/ -- canadian solar inc. (the "company" or "canadian solar") (nasdaq: csiq) today announced that it has entered into a definitive agreement with pag, a leading investment firm in asia pacific, pursuant to which pag will subscribe for us$200 million in aggregate principal amount of convertible notes (the "notes") to be issued by the company. the transaction is expected to close in the fourth quarter of 2024, subject to closing conditions.
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