Q-Cells SE plans a restructuring of its financial liabilities in two steps. After intensive negotiations with different creditor groups, the company initially aims to come to an agreement with the holders of the convertible bond due at the end of February 2012. This agreement will provide, among others, for a partial repayment of the outstanding bond volume in tranches over a period of time. In a second step, and in due course, the convertible bonds due in 2014 and 2015 shall be restructured...