PAG invests $200m in GCL-Poly via CB

The privately negotiated deal comes amid rumours that the company was looking to sell convertible bonds to a broader group of investors in the public market.
GCL-Poly makes polysilicon and wafers for solar cells and also operates environmentally-friendly power plants.
GCL-Poly makes polysilicon and wafers for solar cells and also operates environmentally-friendly power plants.
November 19, 2013

Hong Kong-listed GCL-Poly Energy Holdings has raised $200 million from a privately negotiated sale of convertible bonds, according to an announcement over the weekend.

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