Shareholders of debt-laden SolarWorld have approved a wide-ranging restructuring plan, averting collapse for what was once Germany's top solar firm.
Holders of SolarWorld's two convertible bonds, worth a combined 550 million euros ($732m), had given their consent earlier this week, effectively taking a 55 percent haircut on SolarWorld's debt.
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Holders of SolarWorld's two convertible bonds, worth a combined 550 million euros ($732m), had given their consent earlier this week, effectively taking a 55 percent haircut on SolarWorld's debt.
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