SunPower seeks to pay July, January note interest in stock with bonus shares instead of cash

Sunpower

Sunpower

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  • SunPower plans to offer common stock, with bonus shares, in lieu of cash interest on its 12% Convertible Senior Notes due 2029.
  • The proposal also covers the 7% Convertible Senior Notes due 2029.
  • The stock-in-lieu offer targets interest otherwise payable on July 1, 2026, and Jan. 1, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunpower Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606021730PRIMZONEFULLFEED9730840) on June 02, 2026, and is solely responsible for the information contained therein.

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