Yingli Said to Get 3.3 Billion Yuan in Loans Amid RestructuringBloomberg News
China Development Bank to extend about 2.5 billion yuan loan
Yingli to sell off some businesses and focus on photovoltaics
Struggling Chinese solar-panel maker Yingli Green Energy Holding Co. will get about 3.3 billion yuan ($508 million) in loans from a state bank and the government where it’s based as it looks to pay off old debts and restructure operations, said a person familiar with the matter.
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