Battery Firm LG Energy Solution Prepares $1-Billion Green Bond ...Middle East

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Battery Firm LG Energy Solution Prepares $1-Billion Green Bond
source : OILPRICE ( Middle East ) () 19
South Korean battery manufacturer LG Energy Solution looks to raise as much as $1 billion from the issue of two dollar-denominated green bonds, sources with knowledge of the plans told Reuters on Tuesday. An official at the company told Reuters that LG Energy Solution had not decided yet on any specific regarding the scale of a green bond issue. Citigroup, Morgan Stanley, Bank of America, Standard Chartered, and the Korea Development Bank are working on the possible bond issue, according to a term sheet Reuters has seen. In a previous statement…

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