BRIEF-Rec Silicon Extends Loan With Hanwha

May 27 (Reuters) - REC Silicon ASA RECSI.OL:

  • REC SILICON: REC SILICON – ANNOUNCES THE CLOSE OF A USD 10.0M SHORT TERM LOAN WITH HANWHA GLOBAL AMERICAS CORPORATION

  • MATURITY DATE OF EXTENDED LOAN IS MAY 27, 2027

  • LACKS SUFFICIENT CASH FOR DEBT SERVICE AND OPERATING REQUIREMENTS

  • TO REQUIRE ADDITIONAL FINANCING BEYOND CURRENT LOAN

Source text: ID:nMFN7g1Mrp

Further company coverage: RECSI.OL


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