Korea Eximbank Successfully Issues 750 Million Euro Global Bonds

Issuance of 750 Million Euro Green Bonds
for Global Investors
First Return to Euro-Denominated Market in Two Years
Funds to Support Eco-Friendly Projects Such as Renewable Energy

The Export-Import Bank of Korea announced on June 11 that it has successfully issued global bonds totaling 750 million euros (approximately 1.174 trillion won) to investors worldwide.

The bonds issued by the bank on this day are three-year green bonds, which are issued to support environmentally friendly projects. With this issuance, the bank has returned to the euro-denominated bond market for the first time in two years since 2023. The funds raised through this issuance will be used for eco-friendly projects such as renewable energy.

The bank actively sought to attract local SSA (supranational, sovereign, and agency) investors by holding customized investor presentations in the form of deal roadshows in Europe and the Middle East to seek optimal issuance conditions.

In addition, the bank explained that it decided to issue green bonds in response to the preferences of euro-denominated bond investors, thereby supporting the new government's commitment to eco-friendly policies and attracting a large number of high-quality investors. This has further strengthened its position as a leading issuer of ESG (environmental, social, and governance) bonds.

The bank emphasized that it completed the bond issuance by identifying the optimal timing, taking into account the global demand for diversified investment assets and the European Central Bank's (ECB) trend of lowering interest rates.

The initial target was a benchmark size of 500 million euros, but the final issuance amount was increased to 750 million euros due to stronger-than-expected investor demand, with orders totaling up to 4.2 billion euros from more than 150 investors.

A bank official stated, "Difficult external conditions, such as ongoing tariff uncertainties and increased downside economic risks, continue to persist. Nevertheless, by successfully issuing Korea benchmark bonds, the bank has reaffirmed global investors' expectations for a renewed leap forward in the Korean economy and Korea's solid external credibility."