Overview

• Posco Holdings raised $700 million through its first global green bond issuance, split into $400 million in five-year bonds and $300 million in ten-year bonds.
• The proceeds will fund environmentally sustainable initiatives, including electric vehicles, renewable energy, and energy materials development.
• This issuance makes Posco the first Korean company to successfully issue both five-year and ten-year bonds internationally.
• Investor participation was diverse, with 64% of allocations to Asian investors, 15% to European investors, and 21% to U.S. investors.
• Global credit agencies S&P and Moody’s reaffirmed Posco’s solid financial standing with A- and Baa1 ratings, bolstering market confidence.