LDK said ithas filed with the Grand Court of the Cayman Islands, where the company isincorporated, “inconnection with its plans to resolve its offshore liquidity issues”.

A previous interestpayout on the bond was due last August, and LDK has since negotiated a stringof “forbearance” extensions with its creditors while it tries to restructure itsloans. The latest deadline is on Friday (28 February).

Despite