Yingli in debt revamp talks with potential investors

10 parties interested in sorting company's $1.9 billion obligations

Yingli Green Energy Holding Co, the cash-strapped solar giant, has confirmed it is in talks with potential investors over a debt-restructuring plan, in an attempt to gain the upper hand on rising interest payments and falling margins.

The company, based in Baoding, Hebei province, and the world's second-largest solar producer, plans to invite strategic investors, said spokesman Wang Zhixin, as it accelerates the pace of its asset reorganization, without revealing further details of what that might entail.