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Feb 24 (Reuters) – Debt-laden Chinese solar company LDK
Solar Co Ltd said it filed an application for
provisional liquidation in the Cayman Islands.
LDK Solar, incorporated in the Cayman Islands, said it has
made “considerable progress” in its discussions with key
offshore creditors.
The filing does not affect LDK Solar’s operations in China
and it has no intention of initiating any more debt
restructuring proceedings in that jurisdiction, the company said
on Monday.
