LG Chem raises USD595 million in loans for battery plant in Poland

Corporate developments

Loan is from Korea Development Bank, the Export-Import Bank of Korea, and NH Nonghyup

LG Chem has raised EUR550 million (USD595 million) in loans from three South Korean banks for expansion of its battery plant in Poland, Yonhap News Agency reported on 23 April.

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload