28.04.2015: US multinational investment banking firm Goldman Sachs Group, Inc. has agreed to purchase convertible bonds with an aggregate value of $100 million from Chinese solar project developer GCL New Energy Holdings Ltd., which is 62.28% owned by polysilicon and wafer producer GCL-Poly Energy Holdings Ltd. Through this operation, Goldman Sachs has acquired a 45.4% stake in GCL New Energy. According to GCL New Energy, the bonds will be redeemed on the maturity date at their principal amount plus an amount that will result in a total internal rate of return for Goldman Sachs of 7% per year. GCL New Energy said it will use the funds to finance the acquisition of large-scale PV projects across China »with a predictable cash flow stream in order to fund a regular and increasing dividend to its investors.« © PHOTON http://gclen.todayir.com/attachment/2015042619170200002183681_en.pdf Weitere Informationen finden Sie auch im PHOTON-Archiv unter folgendem Link: |
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
No comments:
Post a Comment