Yingli Green Energy Holding Co., Ltd (YGE.NYSE), one of the world's leading solar panel manufacturers in China, announced on Tuesday that it may be unable to repay investors both the interest and principal on a 5-year note issue due on October 13.
According to the company, the interest and principal of the bond offering totals 1.057 billion yuan. Due to poor operation and consecutive losses, the company is unable to use its own money to make debt payment, according to the announcement.
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