LDK Solar yesterday announced a two-week extension for repayment of interest on a US$280 million bond. Photo: Reuters LDK Solar yesterday announced a two-week extension for repayment of interest on a US$280 million bond. Photo: Reuters
LDK Solar yesterday announced a two-week extension for repayment of interest on a US$280 million bond. Photo: Reuters

LDK Solar bond swap a sign that more defaults may be on the way

The seventh grace period for unpaid interest on LDK Solar bond issue turns attention to the increasing prospect of domestic bond defaults

LDK Solar yesterday announced a two-week extension for repayment of interest on a US$280 million bond. Photo: Reuters LDK Solar yesterday announced a two-week extension for repayment of interest on a US$280 million bond. Photo: Reuters
LDK Solar yesterday announced a two-week extension for repayment of interest on a US$280 million bond. Photo: Reuters
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