Bloomberg News

Hanwha SolarOne Unit Gets $100 Million Loan From Korean Bank

June 27, 2013

Hanwha SolarOne (HSOL:US) Co., a Chinese maker of solar modules, said its unit Hanwha SolarOne (Qidong) Co. obtained a three-year $100 million loan from the Export-Import Bank of Korea to support working capital.

The loan will mature on June 25, 2016, with interest rates floating with the three-month London interbank offered rate and adding 1.99 percent per year, the parent said today in a statement.

To contact the reporter on this story: Feifei Shen in Beijing at fshen11@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • HSOL
    (Hanwha SolarOne Co Ltd)
    • $1.99 USD
    • -0.05
    • -2.51%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus