A perspective view of the battery manufacturing plant that LG Energy Solution is building in Arizona, USA. /Courtesy of LG Energy Solution

LG Energy Solution will begin demand forecasting early next month for the issuance of corporate bonds worth up to 2 trillion won.

According to the investment banking (IB) industry on the 2nd, LG Energy Solution will conduct demand forecasting for the issuance of corporate bonds on Feb. 6. The initial reported amount is around 1 trillion won, and depending on the demand forecasting results, they plan to raise up to 2 trillion won.

The leading underwriters for LG Energy Solution's corporate bond issuance will be five firms: KB Securities, NH Investment & Securities, Korea Investment & Securities, Shinhan Investment Corp., and Daishin Securities.

An IB industry official noted, "As the stock market opened today, we can confirm the amounts after observing various situations, including the performance of corporations that conducted prior demand forecasting."

Earlier, LG Energy Solution issued corporate bonds worth 1.6 trillion won last year, recording the largest amount for a single issuance. If they succeed in issuing 2 trillion won in corporate bonds this time, it will break the previous record.