JinkoSolar announced that it has repaid the entire remaining balance of its 4.00% Convertible Senior Notes due on May 15, 2016. The total cash redemption, including the Principal, accrued interest up to and including May 15, 2016, totaled USD 47,940,000.
"With this final payment, we have further strengthened our balance sheet and increased our operational flexibility," commented Mr. Charlie Cao, JinkoSolar's Chief Financial Officer. "We will continue to focus on deploying our healthy cash flows towards areas that will generate long-term shareholder value."