South Korea’s Hana Bank floats $600m in ESG bonds: report

It carries an annual interest rate of 1.25%.

South Korean lender Hana Bank has floated $600m-worth of environmental, social, and governance (ESG) bonds, reports Yonhap.

The dollar-denominated bonds are aimed to help support vulnerable and eco-friendly projects, the bank said.

It will mature in five years and six months, and carry an annual interest rate of 1.25%, or the yield on five-year U.S. Treasurys plus a spread of 0.55 percentage point (ppt).

The bond issuance is co-managed by Citigroup Global Market Security, Credit Agricole, HSBC, Mitsubishi UFJ Financial Group and Standard Chartered.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

ICBC Asia net profit rise 9.58% to $547.2m in H1
Non-interest income rose by 67.01%, although fee and commissions declined.
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Retail Banking