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Execution Of Supplemental Indenture In Relation To 10.00% Senior Notes Due 2014

Stock quotes in this article: LDK 





XINYU CITY, China and SUNNYVALE, Calif., Dec. 24, 2012 /PRNewswire/ -- Reference is made to the announcement of LDK Solar Co., Ltd. (the " LDK Solar") (NYSE: LDK), dated December 14, 2012 in relation to the solicitation of consents (the " Consent Solicitation") described below. As indicated in the consent solicitation statement dated December 14, 2012 (the " Consent Solicitation Statement"), the consent solicitation period expired at 5:00 p.m., London time, on December 21, 2012.

LDK Solar announced on December 21, 2012 that it received the required number of unrevoked consents (the " Requisite Consents") from holders of its 10.00% Senior Notes Due 2014 (ISIN No. XS0592597099, Common Code: 059259709) (the " 2014 Notes") necessary to approve certain proposed amendments described in the Consent Solicitation Statement (the " Proposed Amendments") to the indenture, dated as of February 28, 2011 (as supplemented or amended to the date hereof, the " Indenture"), by and among LDK Solar, the Subsidiary Guarantors (as defined therein), The Bank of New York Mellon, London Branch, as trustee (the " Trustee") and paying and transfer agent ( the " Paying and Transfer Agent"), and The Bank of New York Mellon ( Luxembourg) S.A., as registrar (the " Registrar"), governing its 2014 Notes. Unless otherwise defined herein, capitalized terms used in this announcement have the meanings set forth in the Indenture.

LDK Solar is pleased to announce that on December 24, 2012 (the " Effective Time"), it, the subsidiary guarantors signatory thereto, the Trustee and Paying and Transfer Agent, and the Registrar executed a supplemental indenture giving effect to the Proposed Amendments in compliance with the conditions contained in the Indenture. LDK Solar has paid the consent fee due in accordance with the terms of the Consent Solicitation Statement on December 24, 2012.

The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.

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