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Suntech Subsidiary SPI Extends Definitive Moratorium

2013-12-13 09:30 1850

WUXI, China, Dec. 13, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that Suntech Power International Ltd. ("SPI"), its principal operating subsidiary in Europe, has been granted an extension of its definitive moratorium on creditor claims from the judicial authorities in Schaffhausen, Switzerland until June 19, 2014.

Previously on June 18, 2013, the Company announced that SPI had been granted a definitive moratorium for a six month period which may be extended thereafter.

The extension of the definitive moratorium allows SPI additional time to restructure its debt and reach an agreement with its creditors.

For media enquiries, please contact:

Ryan Scott Ulrich
Public Relations and Investor Relations Director
Ph: +86-510-8531-8654
Email: ryan.ulrich@suntech-power.com

Source: Suntech Power Holdings Co., Ltd.
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