Canadian Solar Prices IPO

Canadian Solar Inc., a China-based maker of solar power modules, priced 7.7 million common shares at $15 per share ($13-$15 forecast), for an IPO take of approximately $115.5 million. It will trade on the Nasdaq under ticker symbol CSIQ, while Deutsche Banc and Lehman Brothers served as co-lead underwriters. Shareholders include HSBC Asian Ventures and Jafco Asia Technology Fund II.