Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

LDK Solar’s Domestic Yuan Bond Rises to Record in China Trading

Don't Miss Out —
Follow us on:

July 5 (Bloomberg) -- The yield for LDK Solar Co.’s 500 million yuan of domestic three-year bonds sold in December rose to a record 7.48 percent today, according to data from the China Foreign Exchange Trade System.

The yield for LDK Solar’s 400 million yuan of one-year bonds rose by a record 104 basis points yesterday to 5.93 percent, according to data from Chinabond, the nation’s bond clearinghouse.

LDK, the world’s second-largest maker of solar wafers, reported a first-quarter net loss of $185.2 million on June 26. The company on July 3 announced the resignation of Shao Yonggang as executive director and executive vice president of corporate strategy.

To contact Bloomberg News staff for this story: Henry Sanderson in Beijing at hsanderson@bloomberg.net; Feifei Shen in Beijing at fshen11@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.