Hanwha SolarOne (HSOL) Approved for $474M in Credit By Bank of Beijing
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.
You May Also Be Interested In
- Nektar Therapeutics (NKTR) Wins FDA Approval of Movanik
- InspireMD (NSPR) Reports CARENET Trial Achieved Primary Endpoint
- American Superconductor (AMSC) Updates on Sinovel Litigation
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!