South Korea's LG Electronics plans to raise up to $1bn through a dollar bond deal, issuing 3-year and 5-year bonds for general operations, debt refinancing, and green/social projects.
South Korea's LG Electronics aims to raise up to $1bn in a dollar bond deal, with mandates for investment banks to work on a 3-year and 5-year dollar bond, according to three sources. The company intends to use the cash raised from the 3-year bond for general operations, refinancing maturing debt, and the 5-year bond, a sustainable bond, will fund green and social projects.
April 18, 2024
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