April 20, 2024
Market Now
Hanwha Chemical guarantees W281b debt of US affiliate
[DISCLOSURE] Hanwha Chemical (009830) announced on Jan. 13 that it has decided to guarantee a 281.3 billion won (US$240 million) debt of its subsidiary Hanwha Q Cells America.
The creditor is Export-Import Bank of Korea, and the debt guarantee period is from Jan. 24 to Dec. 31.
“This guarantee is for the advance payment guarantee issued by KEXIM to Florida Power and Light Company for Hanwha Q Cell’s module supply,” said the company.
(theinvestor@heraldcorp.com)
The creditor is Export-Import Bank of Korea, and the debt guarantee period is from Jan. 24 to Dec. 31.
“This guarantee is for the advance payment guarantee issued by KEXIM to Florida Power and Light Company for Hanwha Q Cell’s module supply,” said the company.
(theinvestor@heraldcorp.com)
