LDK Solar Co Ltd (LDK.N)
10 Dec 2013
|Market Cap (Mil.):||$233.88|
|Shares Outstanding (Mil.):||169.48|
- China's LDK Solar Co Ltd said it was unable to make interest payments on its bonds due to insufficient cash flow even after getting an extension on payments for the third time.
* Co looking for consensual solution on interest payments
Nov 26 - China's LDK Solar Co Ltd posted a smaller third-quarter loss than a year earlier and the debt-laden company said it was seeing continued signs of recovery in the solar panel market.
- China-based LDK Solar Co Ltd's cash levels dwindled to their lowest in nearly four years and the debt-laden company said it would be unable to meet a debt payment due on Wednesday.
* LDK's cash levels more than halve in 2nd qtr from 1st qtr
Aug 27 - China's LDK Solar Co Ltd posted a smaller second-quarter loss than a year ago and said it was seeing the early signs of a recovery in the solar panel market.
June 11 - LDK Solar Co Ltd reported its eighth quarterly loss in a row and said it was still in talks with its lenders and investors to refinance its roughly $3 billion of debt, sending its shares down more than 10 percent.
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