Decision to Provide Payment Guarantee of 515.6 Billion Won for Subsidiary's Green Bond Issuance
Hanwha Solutions decided to provide a payment guarantee of 515.585 billion KRW (4.61% of equity) to the Export-Import Bank of Korea for the issuance of foreign currency-denominated guaranteed green bonds by its subsidiary, Hanwha Q Cells Americas Holdings Corp.
The guarantee period is from May 22, 2026 to May 22, 2029 (expected).
As of the disclosure date, Hanwha Solutions' total outstanding debt guarantees amount to approximately 9.156 trillion KRW.
As of 2024, the subsidiary's total assets were 9.484 trillion KRW, total liabilities 7.305 trillion KRW, and net income 323.1 billion KRW, all increasing year-over-year.