The poly maker yesterday secured approval from unpaid creditors to restructure the company's debts and will commit the anticipated $115 million windfall from its shares placement towards its financial commitments.Chinese polysilicon manufacturer GCL-Poly will dilute its stake in its GCL New Energy solar project development business as it continues to raise funds to pay down debt following a recent cross default. The Elite Time Global Ltd subsidiary of GCL-Poly in which the parent holds its stake in the New Energy business, this morning announced plans to place 2 billion shares in the developer, ...Den vollständigen Artikel lesen ...