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South Korea steel giant Posco raises $500 million in 3 tear US dollar green bond

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Published on 17th January 2024

Posco, South Korean steel giant, has achieved a significant milestone by securing $500 million through a three-year US dollar green bond, as disclosed in a term sheet reviewed by Reuters.

The bond, priced at Treasuries plus 110 basis points (bps), experienced strong demand, attracting $4 billion from investors.

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South Korea steel giant Posco raises $500 million in 3 tear US dollar green bond

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