SunPower Raising Cash (SPWRA, SPWRB)

[24/7 Wall St.]

24/7 Wall St. Daily News

SunPower Corporation (Nasdaq: SPWRA; SPWRB) intends to offer 9,000,000 shares of its class A common stock and intends to offer $175 million worth of senior convertible debentures due 2014 in registered public offerings.** Credit Suisse and Deutsche Bank Securities are listed as the joint book-running managers for the offerings.* SunPower intends to grant the underwriters [...]

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