18
Jan
09:20
Posco raises $500 million in green bonds
South Korean steel giant Posco says that it has raised $500 million in a three-year green bond sale, which will be used for domestic investments, Kallanish notes.
The bond experienced strong demand and attracted $4 billion in interest from nearly 200 institutional investors. Within this, about 71% come from the Asia Pacific region, and 19% from Europe and the Middle East and 10% from the Unites States.
Finally, the bond was priced at Treasuries plus 110 basis poi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous