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Suntech Says It Received Notice of Default on Bonds Due

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March 18 (Bloomberg) -- Suntech Power Holdings Co. Ltd. said it received notice that it’s in default on its $541 million in bonds that were due on March 15, triggering default on other loans it has from Chinese and overseas lenders.

The company based in Wuxi, China, made a statement on PR Newswire today.

Link to Company News:{STP US <Equity> CN <GO>}

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net