SunPower’s $169.6 Million Public Offering

Jones Day represented SunPower Corporation in the offering.

SunPower Corporation (NASDAQ:SPWR) completed the public offering of 22 million shares of its common stock.

SunPower intends to use the net proceeds from the offering for general corporate purposes, which may include partially funding the repayment of its 0.875% senior convertible debentures due in 2021.

Goldman Sachs & Co. LLC and BofA Securities acted as joint book-running managers and representatives of the underwriters for the offering. Baird acted as co-manager for the offering.

The Jones Day team was led by Bradley Brasser (Picture)

Involved fees earner: Bradley Brasser – Jones Day;

Law Firms: Jones Day;

Clients: SunPower Corporation;

Author: Ambrogio Visconti