Citigroup in LDK Solar Consent Solicitation
December 21, 2012
Cleary Gottlieb represented Citigroup Global Markets, as the solicitation agent, in a consent solicitation by LDK Solar Co., a leading China-based solar company. LDK Solar solicited consents from holders of its 10.00% Senior Notes due 2014 to amend certain covenants in the indenture relating to the Notes. The consent solicitation commenced on December 14 and expired on December 21. LDK Solar received the necessary consents to approve the amendments.