Sunpower Group Ltd., a solution provider for environmental protection, energy saving and recovery projects in China, has issued Glory Sky Vision Limited, a unit of CDH Investments, a $110 million convertible bonds that will see it own 28.2 per cent of Sunpower on a fully-diluted basis, assuming full conversion at an initial conversion price of S$0.50. Stirling Coleman Capital Limited is the Arranger for the transaction.
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