Hyundai and LG secure USD 710 million in loans and guarantees for battery cell plant in Indonesia

Reported on August 24, 2022, Hyundai Motor Group (HMG) and LG Energy Solution (LGES) have secured USD 710 million in loans and guarantees for its joint battery plant project in Indonesia.
Hyundai and LG will earn funding from 5 different international financing firms across a 10-year loan period, and the firms will ....

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