As part of its previously stated aims to become a key supplier of thin film equipment to the PV industry, Singulus Technologies is planning a bond issue to raise €60 million. The funds were said to be needed to support larger projects in its Solar division, including the expansion of partnerships with thin-film producers and new product offerings. The company also said it would use funds for the next-gen of equipment for Blu-ray disc production.
The bond is expected to be listed on the Open Market of the Frankfurt Stock Exchange from March 23, 2012.