Tag Archives: agricultural development bank of china

LDK Solar (LDK) Gets Mo’ Money From China Banks

LDK Solar (LDK) is announcing this morning it has received a loan of about $29 million from China Development Bank as well as approval for a credit line of around $145 million from Agricultural Development Bank of China which will help fund continuing business operations at a time when financing can be difficult.  It appears China is ready and willing to fund their strongest solar companies.

“We are very pleased to secure this loan and … Read the rest