JinkoSolar Closes Follow-on Public Offering of 4,370,000 American Depositary Shares
SHANGHAI, September 25, 2013/–JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company") (NYSE: JKS), a global leader in the solar PV industry, today announced the closing of its follow-on public offering of 4,370,000 American depositary shares, or ADSs, each representing four ordinary shares at par value US$0.00002 per share, including 570,000 ADSs sold pursuant to the underwriters' exercise of in full of their option to purchase additional ADSs. The Company received aggregate net proceeds of approximately $67.8 million, after deducting discounts and commissions but before offering expenses. Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Jefferies LLC are joint bookrunners for the offering. The offering is being made pursuant to the Company’s “shelf” registration statement on Form F-3/A filed with the Securities and Exchange Commission on August 14, 2013, which became effective on August 15, 2013. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Company's registration statement on Form F-3/A and preliminary prospectus supplement are available from the SEC website at: http://www.sec.gov.
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