Major South Korean shipyard Hyundai Heavy Industries (HHI) said on Tuesday it has sold green bonds worth $300 million to overseas investors. Its first overseas public sale of five-year green bonds was guaranteed by the state-run Korean Development Bank and had 42 Asian, European and Middle Eastern institutions as subscribers, the shipyard said.
HHI said the proceeds from the green-bond sale would be used to finance eco-friendly vessels and set up a system of sustainable growth based on environment, social and governance management.
Read the full story: Korea Herald
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