Group subsidiary Tianwei Yingli has drawn up a new repayment plan for five-year, unsecured mid-term notes that are due to be paid on 13 October.

Yingli — which had about 2.9bn yuan in outstanding long-term debt at the end of 2014 — said it wants to free up roughly $138m through the sale of idle land and facilities held by its Fine Silicon unit, and use part of those proceeds to repay some of the mid-term notes by the end of this year.

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