Trina Solar Completes Redemption of Convertible Senior Notes Due 2013

    Trina Solar Completes Redemption of Convertible Senior Notes Due 2013

PR Newswire

CHANGZHOU, China, July 17, 2013

CHANGZHOU, China, July 17,2013 /PRNewswire/ --Trina Solar Limited (NYSE:
TSL) ("Trina Solar" or "the Company"), a global leader in photovoltaic (PV)
modules, solutions and services, today announced that it completed the
redemption of its outstanding convertible senior notes due 2013 (the "Notes")
on July 15, 2013 (the "Maturity Date"). With the completion of this
redemption, Trina Solar has no outstanding convertible debt.

In July 2008, the Company issued $138 million in aggregate principal amount of
the Notes.The Company began repurchasing its outstanding Notes during the
fourth quarter of 2011. As set out in the Company's first quarter earnings
release, approximately $84 million of the Notes were outstanding as of March
31, 2013. On the Maturity Date, the Company redeemed all remaining outstanding
Notes, together with all accrued but unpaid interest.

About Trina Solar Limited

Trina Solar Limited (NYSE:TSL) is a global leader in photovoltaic modules,
solutions and services. Founded in 1997 as a PV system integrator, Trina Solar
today drives smart energy together with installers, distributors, utilities
and developers worldwide. The company's industry-shaping position is based on
innovation excellence, superior product quality, vertically integrated
capabilities and environmental stewardship. For more information, please visit
www.trinasolar.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact in this
announcement are forward-looking statements, including but not limited to, the
Company's ability to raise additional capital to finance its activities; the
effectiveness, profitability and marketability of its products; the future
trading of the securities of the Company; the Company's ability to operate as
a public company; the period of time for which the Company's current liquidity
will enable the Company to fund its operations; general economic and business
conditions; demand in various markets for solar products; the volatility of
the Company's operating results and financial condition; the Company's ability
to attract or retain qualified senior management personnel and research and
development staff; and other risks detailed in the Company's filings with the
Securities and Exchange Commission. These forward-looking statements involve
known and unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about the Company and the
industry in which the Company operates. The Company undertakes no obligation
to update forward-looking statements to reflect subsequent occurring events or
circumstances, or changes in its expectations, except as may be required by
law. Although the Company believes that the expectations expressed in these
forward looking statements are reasonable, it cannot assure you that such
expectations will turn out to be correct, and the Company cautions investors
that actual results may differ materially from the anticipated results.

For further information, please contact:

Trina Solar Limited                     Brunswick Group
Terry Wang, CFO                        Ilse Schache
Phone: + (86) 519-8548-2008 (Changzhou) Phone: + (86) 10-6566-2256
                                        Email: trina@brunswickgroup.com

Kevin Zhang, Investor Relations
Phone: + (86) 519-8517-6093 (Changzhou)
Email: ir@trinasolar.com

SOURCE Trina Solar Limited

Website: http://www.trinasolar.com
 
Press spacebar to pause and continue. Press esc to stop.