K-Water turns on tap for green bonds

By Morgan Davis
09 May 2018

Investors poured into Korea Water Resources Corp’s $300m green bond on Tuesday, satiating their thirst after a rare offering from the state-owned issuer. The deal got a boost of liquidity after the bookrunners tapped a growing pool of green-focused investors.

K-Water’s deal is the first green bond this year from South Korea, a country that has so far been a rather irregular presence in the otherwise booming market for environmental financing. There had been only five deals before K-Water’s foray into the market: two last year, two in ...

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