Ldk Solar Co. Ltd (LDK) $LDK
LDK Solar Secures Funding Commitments for Its Offshore Restructuring
PR Newswire - Thu Jul 31, 8:45PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that LDK Solar has secured funding commitments to enable the offshore restructuring to continue to be progressed. The JPLs now intend to seek sanction of the Grand Court of the Cayman Islands (the "Cayman Court" to the terms of the funding commitments and certain amendments to restructuring support agreements previously approved by the Cayman Court. The JPLs also provided an update on the progress of the restructuring in light of recent positive developments in the course of the Company's offshore restructuring.
LDK: ()
LDK Solar Announces Changes to its Board of Directors
PR Newswire - Fri Jul 18, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that Dr. Bing Xiang and Mr. Hongjiang Yao have resigned from LDK Solar's board of directors.
LDK: ()
LDK Solar Provides Update on its Request for a Review Hearing with the NYSE
PR Newswire - Tue Jul 15, 3:05PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company" and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the New York Stock Exchange (the "NYSE" Committee for Review has rescheduled LDK Solar's review hearing to Monday, September 8, 2014. The hearing was originally scheduled on June 26, 2014. The Company has requested a review of the decision made on March 31, 2014 by the Staff of NYSE Regulation, Inc. ("NYSE Regulation" to suspend trading in the Company's American depositary shares ("ADSs" on the New York Stock Exchange (the "NYSE" and to commence delisting proceedings.
LDK: ()
LDK Solar announces forbearance arrangement with noteholders
M2 - Fri Feb 14, 3:59AM CST
LDK Solar Co Ltd (NYSE: LDK), a manufacturer of photovoltaic (PV) products based in China, announced on Thursday it is entering into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
TRQ.TO: 3.37 (-0.03), TRQ: 2.91 (unch), LDK: ()
LDK Solar Enters into Further Forbearance Arrangement with Noteholders
PR Newswire - Thu Feb 13, 8:05AM CST
LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK) announced that it has entered into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its US$-Settled 10% Senior Notes due 2014 (the "Notes" . The new forbearance arrangement, which expires on February 27, 2014, relates to the interest payment due under the Notes on August 28, 2013. That interest payment is still unpaid. It is LDK Solar's intention to find a consensual solution to its obligations under the Notes as soon as possible and LDK Solar remains hopeful that it will be able to achieve that goal. As reported previously, LDK Solar has engaged Jefferies LLC as a financial advisor for strategic advice in connection with the Notes and LDK Solar's other offshore obligations. Holders of LDK Solar's offshore debt obligations may contact Augusto King at aking@Jefferies.com, or Steven Strom at sstrom@Jefferies.com, Lyndon Norley at lyndon.norley@Jefferies.com, or Richard Klein at rklein@Jefferies.com with any questions.
LDK: (), STI: 42.43 (-0.18)
Discovery Ventures and Roca Mines Announce Partial Payment and Extension of Payment Terms with Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire Canada - Wed Jan 08, 4:02PM CST
Discovery Ventures Inc. (TSX VENTURE
VN) ("Discovery" and Roca Mines Inc. ("Roca" are pleased to announce they have amended the letter agreement dated November 4, 2013 (the "Agreement" with Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo" . Pursuant to the original letter agreement, Roca granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
SWSH: 1.80 (-0.05), PSEM: 13.36 (+0.13), ESI: 10.18 (-0.01), LDK: (), DVN.VN: 0.180 (+0.010), PTEK: 1.35 (unch)
Europe faces $2.25bn economic loss from December windstorms, according to Impact Forecasting catastrophe report
PR Newswire - Tue Jan 07, 10:50AM CST
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, today releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during December 2013. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON).
YGE: 2.18 (-0.02), GTAT: 0.44 (+0.03), LDK: (), TSL: 8.55 (+0.10), AON: 96.52 (-0.15), SPWR: 26.01 (+0.06)
E-Commerce Platform Payelp Expands Mobile Coverage for Merchants by Partnering with Fortumo
PR Newswire - Tue Jan 07, 8:33AM CST
International business and payment platform Payelp Global announced its partnership and integration with Fortumo, which offers merchants "one-click" mobile payments in 79 countries worldwide.
LDK: ()
LDK Solar Secures Funding Commitments for Its Offshore Restructuring
PR Newswire - Thu Jul 31, 8:45PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that LDK Solar has secured funding commitments to enable the offshore restructuring to continue to be progressed. The JPLs now intend to seek sanction of the Grand Court of the Cayman Islands (the "Cayman Court" to the terms of the funding commitments and certain amendments to restructuring support agreements previously approved by the Cayman Court. The JPLs also provided an update on the progress of the restructuring in light of recent positive developments in the course of the Company's offshore restructuring. LDK: ()
LDK Solar Announces Changes to its Board of Directors
PR Newswire - Fri Jul 18, 2:15AM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators ("JPLs" , Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that Dr. Bing Xiang and Mr. Hongjiang Yao have resigned from LDK Solar's board of directors. LDK: ()
LDK Solar Provides Update on its Request for a Review Hearing with the NYSE
PR Newswire - Tue Jul 15, 3:05PM CDT
LDK Solar Co., Ltd. in provisional liquidation ("LDK Solar" or the "Company"
and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, today announced that the New York Stock Exchange (the "NYSE" Committee for Review has rescheduled LDK Solar's review hearing to Monday, September 8, 2014. The hearing was originally scheduled on June 26, 2014. The Company has requested a review of the decision made on March 31, 2014 by the Staff of NYSE Regulation, Inc. ("NYSE Regulation" to suspend trading in the Company's American depositary shares ("ADSs" on the New York Stock Exchange (the "NYSE" and to commence delisting proceedings. LDK: ()
LDK Solar announces forbearance arrangement with noteholders
M2 - Fri Feb 14, 3:59AM CST
LDK Solar Co Ltd (NYSE: LDK), a manufacturer of photovoltaic (PV) products based in China, announced on Thursday it is entering into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
TRQ.TO: 3.37 (-0.03), TRQ: 2.91 (unch), LDK: ()
LDK Solar Enters into Further Forbearance Arrangement with Noteholders
PR Newswire - Thu Feb 13, 8:05AM CST
LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK) announced that it has entered into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its US$-Settled 10% Senior Notes due 2014 (the "Notes"
. The new forbearance arrangement, which expires on February 27, 2014, relates to the interest payment due under the Notes on August 28, 2013. That interest payment is still unpaid. It is LDK Solar's intention to find a consensual solution to its obligations under the Notes as soon as possible and LDK Solar remains hopeful that it will be able to achieve that goal. As reported previously, LDK Solar has engaged Jefferies LLC as a financial advisor for strategic advice in connection with the Notes and LDK Solar's other offshore obligations. Holders of LDK Solar's offshore debt obligations may contact Augusto King at aking@Jefferies.com, or Steven Strom at sstrom@Jefferies.com, Lyndon Norley at lyndon.norley@Jefferies.com, or Richard Klein at rklein@Jefferies.com with any questions. LDK: (), STI: 42.43 (-0.18)
Discovery Ventures and Roca Mines Announce Partial Payment and Extension of Payment Terms with Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire Canada - Wed Jan 08, 4:02PM CST
Discovery Ventures Inc. (TSX VENTURE
VN) ("Discovery" and Roca Mines Inc. ("Roca" are pleased to announce they have amended the letter agreement dated November 4, 2013 (the "Agreement" with Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo" . Pursuant to the original letter agreement, Roca granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure. SWSH: 1.80 (-0.05), PSEM: 13.36 (+0.13), ESI: 10.18 (-0.01), LDK: (), DVN.VN: 0.180 (+0.010), PTEK: 1.35 (unch)
Europe faces $2.25bn economic loss from December windstorms, according to Impact Forecasting catastrophe report
PR Newswire - Tue Jan 07, 10:50AM CST
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, today releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during December 2013. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON).
YGE: 2.18 (-0.02), GTAT: 0.44 (+0.03), LDK: (), TSL: 8.55 (+0.10), AON: 96.52 (-0.15), SPWR: 26.01 (+0.06)
E-Commerce Platform Payelp Expands Mobile Coverage for Merchants by Partnering with Fortumo
PR Newswire - Tue Jan 07, 8:33AM CST
International business and payment platform Payelp Global announced its partnership and integration with Fortumo, which offers merchants "one-click" mobile payments in 79 countries worldwide.
LDK: ()
