Hyundai, LG Secure US$710 mln Financing for Indonesia Battery Cell Plant

SEOUL, Aug. 22 (Korea Bizwire) — Hyundai Motor Group and LG Energy Solution (LGES) Ltd. have secured US$710 million in loans and guarantees for their joint project to build a battery cell plant in Indonesia, the companies said Monday. Hyundai and LG will receive the funds from five different international financial firms with a 10-year [...]