Investors sitting on three-year notes worth $500 million have been asked to postpone settlement for another three years and to sign away their rights to oppose the debt restructure plan which would be needed if the company defaults on the commitment, triggering a cross default.The heavily-indebted solar project subsidiary of polysilicon manufacturer GCL-Poly has warned the holders of US$500 million of senior notes due to mature this month it may not be able to honor the investment. An update to the Hong Kong Stock Exchange just before Christmas warned: "The company [GCL New Energy Holdings Ltd] ...Den vollständigen Artikel lesen ...