Yingli Green Energy, a vertically integrated photovoltaic product manufacturer in China, announced the terms of its IPO on Tuesday. The company plans to offer 29 million ADSs, including 2.45 million sold by the controlling shareholder, at a price between $11.00 and $13.00 per ADS. Each ADS represents one ordinary share, and the ADSs are expected to trade on the NYSE. Goldman Sachs and UBS are bookrunning the deal.
