The
company
says
its
Hong
Kong
subsidiary
has
entered
into
a
subscription
agreement
with
Samsung
Securities
(Asia)
and
Kookmin
Bank
Hong
Kong
to
issue
the
bonds
outside
the
US.
The
notes
will
be
guaranteed
by
Hanwha
Chemical,
the
holding
company
of
the
firm's
largest
shareholder.
Last
month
Hanwha
signed
a
$475m credit
agreement
with
the
Bank
of Beijing to
fund
project
development.
The
upcoming
bond
issue
and
the
recent
credit
agreement
gives
the
company
“a
solid
foundation
in
required
financial
resources”
for
2013,
says
Jay
Seo,
chief
financial
officer.
“We
are
pleased
to
continue
to
have
access
to
necessary
capital
to…
