<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Suntech Power Holdings Co Ltd News Release</title><link>http://ir.suntech-power.com/Phoenix.zhtml?c=192654&amp;p=irol-news</link><description>A Collection of Suntech Power Holdings Co Ltd News Release</description><language>en-us</language><category>Uncategorized</category><image><title>Suntech Power Holdings Co Ltd News Release</title><link>http://ir.suntech-power.com/Phoenix.zhtml?c=192654&amp;p=irol-news</link><url>http://media.corporate-ir.net/media_files/IROL/19/192654/SuntechLogo.jpg</url></image><lastBuildDate>Thu, 23 May 2013 05:30:28 GMT</lastBuildDate><item><title>Suntech Agrees on New Forbearance Agreement with Convertible Note Holders</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1820296</link><description><![CDATA[WUXI, China, May 15, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced that it has agreed on a new forbearance agreement with the majority of the holders of the Company's 3% Convertible Notes (the "Notes"), for which a principal payment of US$541 million was due on March 15, 2013. Under the new forbearance agreement, the signing bondholders agree not to exercise their rights under the Notes and the related indenture until June 28, 2013, subject to certain market-standard early termination events. 

David King, Suntech's CEO, said, "This new forbearance agreement demonstrates bondholders' continued suppor...]]></description><category>Uncategorized</category><guid isPermaLink="false">1820296_NEWS</guid><pubDate>Wed, 15 May 2013 12:00:50 GMT</pubDate></item><item><title>Suntech Receives NYSE Notice Regarding 2012 Annual Report</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1819114</link><description><![CDATA[WUXI, China, May 14, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech" or the "Company"), one of the world's largest producers of solar panels, today announced that it has received a notification from the New York Stock Exchange (the "NYSE") that it has failed to timely file its Form 20-F for the fiscal year ended December 31, 2012 (the "2012 Annual Report").  The Company had previously announced on May 1, 2013 that it required additional time to complete its 2012 Annual Report and will delay the filing beyond the deadline of April 30, 2013. The Company is working diligently to complete these assessments and file restated financials for 2010 and 2011, as well as th...]]></description><category>Uncategorized</category><guid isPermaLink="false">1819114_NEWS</guid><pubDate>Tue, 14 May 2013 12:00:56 GMT</pubDate></item><item><title>Suntech Announces Preliminary Financial Results for the Fourth Quarter and Full Year 2012</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1813530</link><description><![CDATA[Provides Updates on Restructuring Initiatives

Announces Delayed Filing of Annual Report on Form 20-F

SAN FRANCISCO and WUXI, China, May 1, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) (the "Company" or "Suntech"), one of the world's largest producers of solar panels, today announced preliminary financial results for the fourth quarter and full year ended December 31, 2012. 

Preliminary results indicate that Suntech's shipments of photovoltaic (PV) products for the fourth quarter of 2012 declined by approximately 4% from the third quarter of 2012. Revenues in the fourth quarter of 2012 were approximately $358 million, a sequential decline of 8%. Approximately 91% ...]]></description><category>Uncategorized</category><guid isPermaLink="false">1813530_NEWS</guid><pubDate>Wed, 01 May 2013 12:01:02 GMT</pubDate></item><item><title>Suntech's European Subsidiary Granted Provisional Moratorium</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1805177</link><description><![CDATA[WUXI, China, April 10, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech Holdings" or the "Company") today announced that Suntech Power International Ltd. ("SPI"), the Company's principal operating subsidiary in Europe, has been granted a provisional moratorium for two months on creditor claims by the judicial authorities in Schaffhausen, Switzerland. SPI had applied for the provisional moratorium as a result of over-indebtedness, a requirement under local law and regulations. The majority of SPI's debt is Suntech inter-company debt. The court has appointed an administrator to assess SPI's financial condition and the prospects of reaching a composition agreement wit...]]></description><category>Uncategorized</category><guid isPermaLink="false">1805177_NEWS</guid><pubDate>Wed, 10 Apr 2013 11:30:47 GMT</pubDate></item><item><title>Suntech Receives Continued Listing Standards Notice from the New York Stock Exchange</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1804550</link><description><![CDATA[WUXI, China, April 9, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech" or the "Company"), one of the world's largest producers of solar panels, today announced that it has been notified by the New York Stock Exchange (the "NYSE") that the Company did not meet the NYSE's price criteria for continued listing standard because, as of April 4, 2013, the average closing price of the Company's American Depositary Shares, or ADSs, was less than $1.00 per ADS over a consecutive 30-trading-day period.
Under NYSE rules, the Company has six months following receipt of the notification to regain compliance with the minimum share price requirement. The Company can regain compl...]]></description><category>Uncategorized</category><guid isPermaLink="false">1804550_NEWS</guid><pubDate>Tue, 09 Apr 2013 12:01:00 GMT</pubDate></item><item><title>Suntech Announces that Wuxi Court Accepted Petition for Restructuring of Chinese Subsidiary Wuxi Suntech</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1798781</link><description><![CDATA[
WUXI, China, March 21, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), or the "Company", today announced that the Wuxi Municipal Intermediate People's Court in Jiangsu Province, China has formally accepted the petition for the insolvency and restructuring of the Company's Chinese subsidiary Wuxi Suntech Power Co., Ltd. ("Wuxi Suntech").

The Court has appointed an administration committee, consisting of local government representatives and accounting and legal professionals, to administer the restructuring of Wuxi Suntech. The insolvency and restructuring procedure is designed to facilitate an orderly process for both Wuxi Suntech and its creditors. The primary goal is...]]></description><category>Uncategorized</category><guid isPermaLink="false">1798781_NEWS</guid><pubDate>Thu, 21 Mar 2013 12:01:50 GMT</pubDate></item><item><title>Suntech Power Holdings Co., Ltd. Announces Petition of Insolvency and Restructuring of its Chinese Subsidiary Wuxi Suntech Power Co., Ltd.</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1798292</link><description><![CDATA[
WUXI, China, March 20, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), or the "Company", today announced that on March 18, 2013, a group of eight Chinese banks filed a petition for insolvency and restructuring of its Chinese subsidiary Wuxi Suntech Power Co., Ltd. ("Wuxi Suntech") in the Wuxi Municipal Intermediate People's Court in Jiangsu Province, China. Wuxi Suntech today notified the Court that it will not file an objection against the petition. The Company expects that the Court will decide whether or not to accept the petition in the next few days. 
Wuxi Suntech is the Company's principal operating subsidiary in China engaged in the manufacture of photovoltaic (P...]]></description><category>Uncategorized</category><guid isPermaLink="false">1798292_NEWS</guid><pubDate>Wed, 20 Mar 2013 12:01:00 GMT</pubDate></item><item><title>Suntech Appoints Philip Fan and Weiping Zhou to Board of Directors</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1798074</link><description><![CDATA[Mr. Zhou Appointed President of Suntech


WUXI, China, March 19, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced it has appointed two new directors to the Company's Board of Directors effective immediately. Mr. Philip Fan has been appointed as an independent director and Mr. Weiping Zhou has been appointed as an executive director of the board and President of Suntech. With the new appointments, Suntech's board of directors now has seven members including four independent directors. 

"We are delighted to welcome Mr. Fan and Mr. Zhou to Suntech's board of directors," said Ms. Susan Wang, Suntech's c...]]></description><category>Uncategorized</category><guid isPermaLink="false">1798074_NEWS</guid><pubDate>Tue, 19 Mar 2013 20:31:25 GMT</pubDate></item><item><title>Suntech Announces Default with Respect to Its 3% Convertible Notes</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1797141</link><description><![CDATA[Note Holder Support for Consensual Restructuring Continues



 
 

 
 
WUXI, China, March 18, 2013 /PRNewswire/-- Suntech Power Holdings Co., Ltd. (NYSE: STP) ("Suntech" or the "Company") today announced that it has received from the trustee of its 3% Convertible Notes (the "Notes") a notice of default and acceleration relating to Suntech's non-payment of the principal amount of US$541 million that was due to holders of the Notes on March 15, 2013. Such event of default has also triggered cross-defaults under Suntech's other outstanding debt, including its loans from International Finance Corporation and Chinese domestic lenders.

As previously announced, Suntech has entered into ...]]></description><category>Uncategorized</category><guid isPermaLink="false">1797141_NEWS</guid><pubDate>Mon, 18 Mar 2013 12:01:35 GMT</pubDate></item><item><title>Suntech Responds to NYSE Inquiries Related to Unusual Trading</title><link>http://ir.suntech-power.com/phoenix.zhtml?c=192654&amp;p=RssLanding&amp;cat=news&amp;id=1796402</link><description><![CDATA[

WUXI, China, March 14, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) (the "Company"), one of the world's largest producers of solar panels, announced that it has been contacted by the New York Stock Exchange, Inc. regarding today's unusual trading activity relating to its American depositary shares. Management of the Company is not aware of undisclosed events that triggered such trading activity. The Company is aware of recent market rumors and third party reports regarding the Company's financial position and other matters.

As reported by the Company on March 11, 2013, it has entered into a forbearance agreement (the "Agreement") with holders of over 60% of its 3%...]]></description><category>Uncategorized</category><guid isPermaLink="false">1796402_NEWS</guid><pubDate>Thu, 14 Mar 2013 20:00:52 GMT</pubDate></item></channel></rss>