a few days ago the company probably would not have issued a press release regarding an immaterial (compared to the overall debt load) Chinese loan agreement. Obviously management has realized that they have to reassure investors they still have access to funding given the dramatic decline in the cash balance in Q4 (the money wasn't lost though as the company paid back long term debt during the quarter which some people suspected to have happened rather nonvoluntary). The company also has a convertible bond outstanding which implies further similarities with Suntech.
On other news JASO announced today that they will pay back their convertible bonds maturing in May.
The stock might be up today initially on this news but I fully expect the stock to fight for $1.50 today or tomorrow afternoon.
The SOL convertible is not due till 2018. SOL will generate some $100-$150 millions cash flow this year more than enough to fund their $60 million opex, interest and operations. SOL will be the most profitable of all the solars starting in Q2 this year and will accelerate into 2014 and 2015.