LDK Solar Continues to Implement Liquidity and Working Capital Plan

Dec 12, 2012, 10:41 ET from LDK Solar Co., Ltd.

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.