(SeeNews) – Aug 26, 2011 – Moody's pulled Friday the B1 corporate family rating (CFR) and B2 senior unsecured bond rating on Chinese solar wafers maker LDK Solar Company Ltd.
The agency said it removed the CFR for its own business reasons.
The termination of the senior unsecured bond rating reflects LDK Solar's decision not to proceed with its planned bond issue, Moody's added.
Ratings in Moody's B range imply "high credit risk".
Rating agency website: www.moodys.com
Choose your newsletter by Renewables Now. Join for free!
You have run out of free articles this month. Get more for free
Canadian Solar unit to add 14 GW of wafer, cell capacity
War in Ukraine increases demand for renewables, BP says
Energy transition investment leaps to USD 1.1tn in 2022
McKinsey forecasts 4.7 TWh of Li-ion battery demand in 2030
Topsoe to equip dynamic green ammonia plant in China
EIB commits to back India's hydrogen efforts with EUR 1bn