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Solar energy equipment provider GT Solar announces IPO terms

July 7, 2008

GT Solar, which provides manufacturing equipment and services to producers of photovoltaic wafers, announced terms for its upcoming IPO on Monday. The Merrimack, NH-based company plans to offer 30.3 million shares at a range of $15.50-$17.50. Credit Suisse and UBS Investment Bank are set to be the lead underwriters on the deal, which is expected to price during the week of July 21.