LDK says it has a loan for RMB 200m ($29m) from China Development Bank and approval for a RMB 1bn ($146m) credit line from Agricultural Development Bank of China.

"We are very pleased to secure this loan and line of credit and further strengthen our financial position, particularly at a time when many businesses are being impacted by the tight credit markets," said Xiaofeng Peng, Chairman and CEO of LDK Solar.

LDK