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LDK Solar Company (LDK)

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0.45 -0.03  -6.25% NYSE Apr 22, 8:00PM BATS Real time Currency in USD

LDK Solar Company News

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LDK Melts Down, Solar Default Signs Grow
Seeking Alpha 04/02 02:49 ET

One of China's two major meltdowns in the solar panel sector has taken a big step forward with word that trading in shares of LDK (NYSE: LDK ) has been suspended and the de-listing process formally begun ...

NYSE Plans LDK Solar Delisting on ’Abnormally’ Low Price
Bloomberg 03/31 12:55 ET

The New York Stock Exchange suspended trading of LDK Solar Co. (LDK) ’s American depositary receipts and initiated proceedings to delist the Chinese solar manufacturer because of “abnormally low” prices. The NYSE determined the Xinyu, China-based company’s ADRs are no longer suitable for listing, the exchange said today in a statement. The company hasn’t reported a profit since the first quarter of 2011, and has struggled under debts it accumulated in recent years to expand its operations and meet demand for solar panels. The second-largest supplier of wafers for solar cells by 2012 capacity, LDK is seeking to restructure its $2.8 billion in debt after failing to pay a 1.7 billion yuan ($273 million) bond that matured Feb. 28.

LDK Solar Says 60% of Bondholders Agree to Restructuring Deal
Bloomberg 03/28 09:46 ET

LDK Solar Co., which failed to pay a bond that matured at the end of February, said today that holders of 60 percent of the notes’ principal have agreed to a restructuring deal. Heng Rui Xin Energy Co., ...

LDK Solar Confirms Offshore Restructuring Arrangements and Interim Financing
noodls 03/28 09:32 ET

XINYU CITY, China and SUNNYVALE, Calif., March 28, 2014 /PRNewswire/ -- LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"; NYSE: LDK) announces that, subsequent ...

LDK Solar (LDK) Halted with News Pending
Street Insider 03/27 09:05 ET

German solar group Sunways to file for insolvency
Reuters 03/21 02:02 ET

Ailing German solar group Sunways AG said it would file for insolvency on Friday, adding it was already in talks with potential investors. The company, which is majority owned by Chinese solar company ...

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Symbol Price Chg Chg % Market Cap
LDK 0.45 -0.03 -6.25% 71.47M
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