GT Advanced plan confirmation and effective date deadlines extended

By Caroline Salls

Pittsburgh, Feb. 17 – GT Advanced Technologies Inc. entered into a fourth amendment to its debtor-in-possession credit agreement, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The amendment extends the deadline for confirmation of GT’s plan of reorganization to March 4 from Feb. 22 and the plan effective date deadline to March 18 from March 7.

Merrimack, N.H.-based GT Advanced Technologies is a provider of equipment and services that support the growth of the solar and LED industries. The company filed for bankruptcy on Oct. 6, 2014 in the U.S. Bankruptcy Court for the District of New Hampshire under Chapter 11 case number 14-11916.

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