GCL-Poly raises US0 million from new bond

Posted by weijing3333 on October 29th, 2015

The largest polysilicon producer GCL-Poly Energy Holdings has secured approximately US0 million from a new corporate bond from qualified investors in China. 

GCL-Poly said that its polysilicon subsidiary Jiangsu Zhongneng had issued the first tranche of the bond and would use the net proceeds for general working capital needs. 

The first tranche bond maturity is set for October 23, 2018.

source:Renesola