In a sign of strong demand, China's Trina Solar Limited priced its offering of 5.3 million ADS at $18.50, a 28% premium to its proposed $13.50-$15.50 range. Trina Solar manufactures solar modules, which it supplies primarily to system integrators in European markets. Merrill Lynch lead managed the IPO, and the stock is expected to commence trading on the NYSE under the ticker symbol "TSL" on Tuesday.
