South Korea’s LG Energy Solution (373220.KS) is aiming to raise about $1 billion from the sale of two, dollar-denominated green bonds, according to two sources with direct knowledge of the matter.
The sources could not be identified as the information was not yet made public.
“No specifics have been decided regarding the scale,” an LG Energy Solution official said in a statement.
The company has mandated investment banks to work on a potential dollar-denominated green bond deal, according to a term sheet seen by Reuters.
Source: Reuters
