August 21, 2014 9:59 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of LDK New Energy Holding Limited

Company Overview

LDK New Energy Holding Limited, through its subsidiaries, develops solar panels for both thin film and crystal solar modules. The company was incorporated in 2006 and is based in Road Town, British Virgin Islands.

Road Town,  VG1110

British Virgin Islands

Founded in 2006

Key Executives for LDK New Energy Holding Limited

LDK New Energy Holding Limited does not have any Key Executives recorded.

LDK New Energy Holding Limited Key Developments

LDK New Energy Holding Limited Announces New Energy Loan Facility

LDK Solar Co. Ltd. announced that it understands that LDK New Energy Holding Limited has been negotiating with its lenders with respect to the loan outstanding under a credit agreement, dated as of September 26, 2011, as amended, among LDK New Energy and the lenders, pursuant to which LDK New Energy has pledged collateral, including ordinary shares and ADSs of LDK Solar representing approximately an aggregate of 52.9% of LDK Solar's total outstanding share capital. LDK Solar further understands that such lenders have agreed to forbear from exercising their power of sale with regard to certain of the pledged collateral arising as a result of various prior defaults under the Credit Facility by LDK New Energy for a period of 12 months toward the end of September 2013, subject to terms and conditions in the forbearance arrangement and negotiation and finalization of the definitive documentation, including an amended and restated Credit Facility.

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