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Meyer Burger Technology AG Schorenstrasse 39 3645 Gwatt (Thun), Switzerland http://www.meyerburger.com
Contact Mr Andreas Durisch +41 43 268 27 47
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Meyer Burger Technology AG

Meyer Burger Technology Ltd: Repayment of convertible bond completed

(PresseBox) (Gwatt (Thun), )
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announces today the completion of the repayment of the CHF 26.8 million 5.5% convertible bond 2014-2020 (ISIN CH0253445131). The repayment including annual interest was made from existing assets prior to the capital increase. As no new shares have been issued, the listed share capital remains unchanged.

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Meyer Burger Technology AG

Meyer Burger is a leading and globally active technology company specialising in innovative systems and production equipment for the solar photovoltaic market. The company has shaped the development of photovoltaics along the entire value chain and has set essential industry standards, such as the diamond wire saw technology, the industrial PERC solution and precision measurement technology for solar modules. A large proportion of the solar modules produced world-wide today are based on technologies developed by Meyer Burger.

In line with its new business model and strategy, Meyer Burger transforms itself into a manufacturer of high-performance photovoltaic cells and modules, based on its proprietary heterojunction/SmartWire technology. With heterojunction/SmartWire, the Company has developed the next-generation photovoltaic technology with higher conversion efficiency and higher energy yield than the current standard Mono-PERC and other heterojunction technologies currently available. Meyer Burger operates its research and development centers in Thun and Hauterive, Switzerland, its machine industrialization and manufacturing site in Hohenstein-Ernstthal, Germany and will produce the cells and modules in Bitterfeld-Wolfen and Freiberg, Germany. The registered shares in Meyer Burger Technology Ltd are listed at the SIX Swiss Exchange (Ticker: MBTN).

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.