Bloomberg News

LDK Solar to Issue 3 Billion Yuan of Medium-Term Notes

November 30, 2011

Nov. 30 (Bloomberg) -- LDK Solar Co. plans to sell 3 billion yuan of medium-term notes, according to a statement on the Chinese government bond clearing house website today.

The company will initially sell 500 million yuan of three- year bonds Dec. 7 to repay bank loans, according to the statement. The remaining amount is scheduled to be sold next year, the company said.

To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net


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