Hanwha SolarOne (HSOL) Approved for $474M in Credit By Bank of Beijing
- Wall Street indexes flat in pre-holiday lull; health, consumer up
- Market Wrap: Durable Orders Outpace in Oct.; Deere Issues Cautious Outlook; Valeant Combats Short Sellers
- UPDATE: HP, Inc. (HPQ) Misses Q4 EPS by 3c; Issues Q1, FY16 EPS Guidance
- Obama says U.S. is safe as millions set off on Thanksgiving travel
- Deere & Co. (DE) Tops Q4 EPS Views; Sees FY16 Sales Down ~7%
Hanwha SolarOne Co., Ltd. (Nasdaq: HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic ("PV") cells and modules in China, today 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 twelve-month period. Drawdown of specific amount is subject to approval procedures of the Bank of Beijing, including review of specific project information, as applicable.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Herbalife (HLF) Comments on Pyramid Scheme Lawsuit
- Pandora (P) Gains; Register of Copyrights Concludes Second Question Not Properly Brought for Consideration, Couldn't Give Opinion
- Vringo (VRNG) Announces One-for-Ten Reverse Stock Split
Create E-mail Alert Related CategoriesCorporate News
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!