Suntech Power Holdings (NYSE: STP) has priced its follow-on public offering at $12.50 per share. The company will be issuing 20 million American Depositary Shares to raise a total of $250 million. The stock is being issued under an existing shelf registration filing.
Underwriters UBS (NYSE: UBS), Goldman Sachs (NYSE: GS) and Deutsche Bank (NYSE: DB) have an option to purchase up to 3 million to cover any over-allotment.



