{"id":61651,"date":"2026-06-23T06:33:16","date_gmt":"2026-06-23T06:33:16","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/61651\/"},"modified":"2026-06-23T06:33:16","modified_gmt":"2026-06-23T06:33:16","slug":"posco-international-raises-500-million-in-first-ever-global-bond","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/61651\/","title":{"rendered":"POSCO International Raises $500 Million in First-Ever Global Bond"},"content":{"rendered":"<p><img alt=\"Posco International's headquarters in Songdo \/ Posco International - Seoul Economic Daily Finance News from South Korea\" title=\"POSCO International Raises $500 Million in First-Ever Global Bond\" fetchpriority=\"high\" width=\"1200\" height=\"675\" decoding=\"async\" data-nimg=\"1\" class=\"w-full h-auto rounded-sm\" style=\"color:transparent;object-fit:contain;object-position:center\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/06\/news-p.v1.20260623.5d1c810a86bc4ff8ac4c2b7afd24282a_P1.jpg\"\/>Posco International&#8217;s headquarters in Songdo \/ Posco International<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">POSCO International (047050.KS) said Tuesday it had successfully issued a global bond for the first time since its founding.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">The bond was issued as a single tranche with a five-year maturity and a size of $500 million, with the issue rate set at 90 basis points (1bp=0.01 percentage point) above U.S. Treasury yields. Total orders reached $2 billion, four times the issuance amount, leading to a final issue rate 30 basis points lower than the initial guidance.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">By region, investors comprised 27 percent from the United States, 6 percent from Europe, and 67 percent from Asia. By institution type, asset managers accounted for 65 percent, banks 33 percent, and others 2 percent. &#8220;Despite being a first-time issuance, the share of U.S.-based investors reached 27 percent,&#8221; POSCO International said. &#8220;The inflow of U.S. funds, the largest bond investor base globally, shows that POSCO International&#8217;s creditworthiness has been broadly recognized among core investors, and it is expected to have a positive effect on securing a stable foundation for overseas financing going forward.&#8221;<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">Global credit rating agencies S&amp;P and Moody&#8217;s assigned investment-grade ratings of &#8220;BBB&#8221; and &#8220;Baa2,&#8221; respectively, to POSCO International&#8217;s dollar-denominated bond.<\/p>\n<p class=\"mb-4 text-[var(--color-text)] leading-relaxed\">POSCO International plans to use the funds raised to repay existing foreign currency borrowings and for general operating purposes.<\/p>\n","protected":false},"excerpt":{"rendered":"Posco International&#8217;s headquarters in Songdo \/ Posco International POSCO International (047050.KS) said Tuesday it had successfully issued a&hellip;\n","protected":false},"author":2,"featured_media":61652,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[380],"tags":[34680,34683,14831,34681,24149,34682,442,465,28156],"class_list":["post-61651","post","type-post","status-publish","format-standard","has-post-thumbnail","category-posco","tag-500-million-bond-issuance","tag-dollar-denominated-bond","tag-global-bond","tag-investment-grade-rating","tag-moodys","tag-overseas-financing","tag-posco","tag-posco-international","tag-sp"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/61651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=61651"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/61651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/61652"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=61651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=61651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=61651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}