Kia revs up green investors with debut bond

By Morgan Davis
13 Apr 2021

South Korean auto company Kia Corp made its green bond debut on Monday with its first dollar deal since 2017, pricing both tranches at tight levels due to strong support from ESG-focused investors.

The 144A/Reg S trade, which was split between a $300m three year bond and a $400m 5.5 year note, was the borrower's first dollar outing since it sold a $900m dual-tranche trade in October 2017, according to Dealogic.

Its comeback deal was a hit from the start, as ...

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