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.
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.
Solar & Storage Finance Asia returning to Singapore for its 5th edition, will be the meeting point for developers, financiers and investors across the region. Explore in depth the opportunities of the different countries via case studies, business and financial models that will foster growth in the region with particular focus on Thailand, Philippines, Indonesia, Taiwan, Korea, Cambodia, Singapore, Malaysia & Vietnam. The programme has been designed to enable you to win business and understand new opportunities in the market. Key topics include floating solar, project finance for PPAs, modernization of the grid and strategies for structuring and designing hybrid deals.