"Our bonds don't have default risks," JA Solar (JASO) COO Xie Jian says, mindful of Suntech's...

|About: JA Solar Holdings, Co., Ltd. (JASO)|By:, SA News Editor

"Our bonds don't have default risks," JA Solar (JASO) COO Xie Jian says, mindful of Suntech's recent bond default and court insolvency process. The price of JASO's convertible bonds due in May fell to 95.5 cents on the dollar yesterday, but Xie says he's ready to repay $120M on the notes. Suntech's woes will make financing "more difficult" for all solar cell producers, he worries.