Hanwha SolarOne Unit Gets $100 Million Loan From Korean Bank

Hanwha SolarOne (HSOL) 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

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