Press Release

JinkoSolar announces issuance of one-year short-term bonds of RMB300 million

JinkoSolar Holding Co., Ltd. today announced that JinkoSolar Co., Ltd. (“Jiangxi Jinko”), one of the company’s wholly owned subsidiaries, successfully issued unsecured one-year short-term bonds with a principal amount of RMB300 million on April 23, 2012.
pv magazine

The bonds bear a fixed annual interest rate of 6.3 percent, lower than the current benchmark one-year lending rate of 6.56 percent and will mature on April 23, 2013.
The bonds were previously registered with the PRC National Association of Financial Market Institutional Investors. Industrial Bank acted as the lead underwriter and bookrunner for the bonds with standby commitment. All of the proceeds from the issuance of the bonds will be used as working capital.
Relevant legal documentation, including the offering circular and issuance announcement are published on the websites of ChinaMoney (http://www.chinamoney.com.cn) and ChinaBond (http://www.chinabond.com.cn).
http://www.jinkosolar.com/