Hyundai Capital Service issued green bonds worth $500 million in March last year. The bond matures in 5 years and has a coupon rate of 2.875%. The proceeds from the green bond will be used to finance car loans for hybrid cars.
A subsidiary of Korean automaker Hyundai Motor Company has issued the country’s first corporate green bond in order to facilitate financing hybrid cars. Hyundai Capital Services, auto financing and leasing subsidiary of Hyundai, recently launched green bonds worth $500 million. The bond matures in 5 years and has a coupon … [continued]
The Export Import Bank of Korea returned to the global green bonds market after a gap of three years to successfully raise $400 million. One of the pioneers of the green bonds market in Asia, the Export Import Bank of Korea (Kexim) recently raised $400 million, offering investors bonds for … [continued]
