LDK Solar Enters New Forbearance Arrangement With Noteholders

Posted by SI Staff on October 28, 2013 No Comments
Categories : FYI

LDK Solar Co. Ltd. has entered into a new 30-day forbearance arrangement with holders of a majority in aggregate principal amount of its 10% senior notes due in 2014. The new forbearance arrangement, which expires on Nov. 26 of this year, relates to the interest payment due under the notes on Aug. 28. That interest payment is still unpaid.

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