Och-Ziff Buys into Xinyi Glass and Its Solar Glass Subsidiary

Och-Ziff invests $150 million into the Chinese glass manufacturer through a Pipe deal that includes an equity portion as well as a CB, and makes a $30 million pre-IPO investment into its unlisted solar glass unit.

Hedge fund manager Och-Ziff Capital Partners has agreed to invest $150 million in Hong Kong-listed Xinyi Glass through a so-called Pipe deal...

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