POSCO Holdings announced on the 29th that it has successfully issued green bonds amounting to $400 million (approximately 575.2 billion won) for a 5-year maturity and $300 million (approximately 431.5 billion won) for a 10-year maturity in the overseas bond market.
The funds raised from this bond issuance will be used for the energy materials business. Green bonds are one of the ESG bonds and are utilized to raise funds for projects that contribute to environmental preservation, such as electric vehicles, renewable energy, and energy efficiency improvements.
This is the first time POSCO Holdings has issued global bonds since transitioning to a holding company structure. The demand forecast indicated that over 291 institutions participated, placing orders amounting to $6.6 billion (approximately 9.48 trillion won).
A representative from POSCO Holdings noted, "We have secured stable future growth investment resources amid increasing instability in the global bond market following U.S. President Donald Trump's announcement of tariffs."