LDK Solar Continues to Implement Liquidity and Working Capital Plan
XINYU CITY, China and SUNNYVALE, Calif., Dec. 12, 2012
XINYU CITY, China and SUNNYVALE, Calif., Dec. 12, 2012 /PRNewswire/ --We, LDK
Solar Co., Ltd. ("LDK Solar"; NYSE: LDK), continue to work to address the
liquidity and working capital concerns previously disclosed in our Annual
Report on Form 20-F for the year ended December 31, 2011, originally filed
with the SEC on May 15, 2012. In order to achieve a positive result, we have
entered into discussions with certain creditors to obtain additional
flexibility with respect to the terms and conditions of our existing offshore
indebtedness. We have engaged Citigroup to assist us in this process.
SOURCE LDK Solar Co., Ltd.
Contact: Lisa Laukkanen, The Blueshirt Group for LDK Solar, +1-415-217-4967,
email@example.com; or Jack Lai, Executive VP and CFO, LDK Solar Co.,
Ltd., +1-408-245-8801, IR@ldksolar.com
Press spacebar to pause and continue. Press esc to stop.