LDK Solar Talks With Bondholders on Delayed Payment
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LDK Solar Co., the second biggest maker of solar wafers, said it is in talks with noteholders of its 2014 securities to delay interest payments that were due on Aug. 28.
The semiannual payment due was about 80 million yuan ($13 million), Peng Shaomin, director of media at LDK, said today by phone. “We have a one-month forbearance agreement,” he said.