LDK Solar Closes Issuance of the First Tranche of RMB3,000,000,000 Notes

XINYU CITY, China and SUNNYVALE, Calif., Dec. 12, 2011 /Solar Energy News/ -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic products, today announced the closing of the first tranche of its PRC domestic notes in the aggregate principal amount of RMB500,000,000, issued by its PRC subsidiary, Jiangxi LDK Solar Hi-Tech Co., Ltd., with a fixed interest rate of 6.8% per annum.  LDK Solar intends to use the net proceeds of the offering to replace its short-term debts.

About LDK Solar (NYSE: LDK)
LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's headquarters and principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California. For more information about LDK Solar and its products, please visit www.ldksolar.com.