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BRIEF-Lenders agreed to forbear on LDK Solar pledged securities

Tuesday, 2 Oct 2012 | 9:23 AM ET

Oct 2 (Reuters) - LDK Solar Co Ltd :

* Lenders agreed to forbear with respect to LDK Solar securities pledged under

LDK new energy loan facility

* Controlling shareholder of LDK pledged collateral,including LDK shares

representing 52.9% of ldk's outstanding share capital

* Lenders agreed to forbear securities pledged due to various prior defaults

under credit facility by LDK new energy

* Says lenders agreed to forbear with regard to pledged collateral for period

of 12 months toward end September 2013

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

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