Korea Development Bank raises US$300m in first Green Bond issuance

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KDB has issued its inaugural Green Bonds. Credit: Conergy

South Korean government-owned financial institution Korea Development Bank (KDB) has issued its inaugural Green Bonds to raise US$300 million.

Proceeds will be used for financing or refinancing projects related to the development, construction, or expansion of renewable energy, including solar, wind and biomass projects.

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The issuance received demand from accounts across Asia, Europe and the US. It was also oversubscribed more than two-fold. Bank of America Merrill Lynch, Crédit Agricole CIB and HSBC acted as the joint bookrunners in the offering.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

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