Battery Giant LG Energy Weighs Green Bonds to Cut Emissions (1)

Aug. 30, 2023, 1:14 PM UTC

LG Energy Solution Ltd., a battery supplier for General Motors Co. and Tesla Inc., is testing investor demand for a potential dollar-denominated sale of green bonds as the South Korean firm seeks to slash its carbon emissions.

The company mandated Bank of America Corp., Citigroup Inc., Morgan Stanley, Standard Chartered Plc and Korea Development Bank on Tuesday in Asia to arrange a series of fixed-income investor meetings starting Aug. 30, according to a person with knowledge of the matter. An offering of green bonds maturing in three and five years may follow if market conditions allow, said the ...

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