LDK Solar Announces Receipt of Deal of the Year Award for Offshore Restructuring
XINYU CITY, China and SUNNYVALE, Calif., May 5, 2015 /PRNewswire/ -- LDK Solar CO., Ltd. ("LDK Solar" or the "Company") today announced that, on April 28, 2015, the LDK Solar offshore financial restructuring was awarded "Cross Border Deal of the Year – U.S.-Asia Region" at the 7th Annual International M&A Awards by The M&A Advisor.
The M&A Advisor has been selecting and awarding leading cross-border transactions, companies and dealmakers since 2002. This year, there were over 500 award finalists with representation from every major market in the world. "I am honored to accept this award from The M&A Advisor," stated Interim Chairman, President and CEO Xingxue Tong. "This award signifies our difficult but solid path and progress in our financial restructuring process in 2014. We fully understand our challenges ahead for LDK Solar, and our management team will continue our efforts in achieving value for all our stakeholders. We would like to express our sincere appreciation to our legal advisors and our consultants, Sidley Austin, Zolfo Cooper, and Jefferies, for all their excellent and effective support to us in successfully completing this very complex offshore financial restructuring."
About LDK Solar
LDK Solar CO., Ltd. is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar, through its operating subsidiaries, manufactures polysilicon, monocrystalline and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's subsidiary office in the United States is located in Sunnyvale, California. For more information about LDK Solar and its products, please visit www.ldksolar.com.
SOURCE LDK Solar Co., Ltd.
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