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Provides access to additional financial resources necessary to manage and grow business
December 27, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Hanwha SolarOne Co., Ltd. announced it has reached an agreement with the Bank of Beijing for access to up to RMB 3.0 Billion (approximately US$475 million) of credit over the next 12-month period. Drawdown of specific amount is subject to approval procedures of the Bank of Beijing, including review of specific project information, as applicable. “This new credit facility provides us with access to the additional financial resources necessary to manage and grow our business to exploit do...
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