Hanwha Machinery & Service Holdings has extended a loan amounting to 23 billion won to Hanwha Robotics, according to a Wednesday filing with the Korea Exchange.
The loan has an interest rate of 4.60%.
Hanwha Machinery & Service Holdings is the holding company for the Hanwha Group's technology and life businesses, while Hanwha Robotics is a developer of innovative technologies such as collaborative robots.
Shares of Hanwha Machinery & Service Holdings fell more than 2% in recent trade.
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