United States, March 31 -- REC Silicon ASA ("REC Silicon"), announced that it has extended its existing USD 110.0 million guaranteed term loan agreement with KEB Hana Bank by way of a refinancing loan with affiliates of KEB Hana Bank on identical terms as the existing loan. The loan has been fully guaranteed by Hanwha Solutions, a shareholder of Anchor AS, which is the largest shareholder of REC Silicon.The original loan with KEB Hana Bank was entered into on April 3, 2023. The maturity date of the refinanced loan is March 30, 2027.REC Silicon does not have sufficient available cash to meet debt service and other anticipated operating cash flow requirements for this year without the continued support of the major shareholder, Hanwha, or add...