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Prospect News home > News index > List of issuers H > Headlines for Hanwha Q Cells Americas Holdings Corp. > News item |
S&P rates Hanwha Q notes AA
S&P said it assigned an AA rating to the dollar-denominated senior unsecured green notes that Hanwha Q Cells Americas Holdings Corp. plans to issue.
“We equalize the rating on the notes with the long-term foreign-currency issuer credit rating on the guarantor, the Export-Import Bank of Korea (Kexim; foreign-currency rating AA/stable/A-1+). We base the issue rating on Kexim's unconditional, timely, and irrevocable guarantee,” S&P said in a press release.
Hanwha Q Cells Americas Holdings, which is unrated, intends to use the proceeds to finance its existing renewable energy projects, under its green financing framework.
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