2013-01-23 21:54:55 - A123 Systems Announces Private Placement of Notes for $200m - Deal Analysis - a new market research report on companiesandmarkets.com

A123 Systems Announces Private Placement of Notes for $200m – Deal Analysis - A123 Systems, Inc., a developer and manufacturer of advanced lithium-ion advanced batteries and energy storage systems for transportation, electric grid and commercial applications, agreed to issue senior secured convertible notes, for gross proceeds of $200m, in a private placement. The placement will be subscribed by Wanxiang Group Corporation. A123 Systems, Inc. has signed a non-binding Memorandum of Understanding (MOU) with Wanxiang Group Corporation (Wanxiang). Wanxiang is among China´s largest automotive component manufacturers.

Wanxiang Group Corporation will invest up to $465m in A123 Systems, Inc. to strengthen its access to the grid-scale energy storage markets and vehicle electrification in China.

Scope

- The coverage of the deal report includes the overview

 

 

of the deal and details on the key drivers of the deal.
- It also provides the company profile of the two companies - A123 Systems, Inc and Wanxiang Group Corporation.

Reasons to buy

- This report provides latest updates on the fuel cell market.
- It also provides insight on the expansion plans of the Wanxiang Group Corporation that plans to penetrate in the US market.

Click for report details: www.companiesandmarkets.com/Market/Environmental/Market-Research ..

Browse all Environmental Market Research Reports www.companiesandmarkets.com/Market/Environmental/Market-Research ..

Browse all Environmental Company Profile Reports www.companiesandmarkets.com/Market/Environmental/Company-Profile ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.