News
13 September 2022

Lotte Chemicals to close $2bn ECA equipment loan

In:
Manufacturing & equipment
By Ralph Ivey

Lotte Chemicals is set to close a $2 billion ECA-backed loan by the end of the year. Proceeds will be used to finance equipment. International banks have reached agreement on a 12-year facility, with the Korea Trade Insurance Corporation (K-SURE) and the Export Import Bank of Korea (Kexim) providing...

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