LG Electronics Inc, founded in 1958 and headquartered in Seoul, South Korea, is a global leader in consumer electronics, home appliances, and mobile communications. The company is committed to innovation and design, delivering cutting-edge technology through a diverse range of products, including TVs, refrigerators, and smartphones.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
LG Electronics has actively engaged in the bond market since the early 2000s, with notable issuances that include a $500 million bond in 2018, aimed at financing innovative technologies and expanding its manufacturing capabilities. Currently, their yield on 10-year bonds stands competitively at around 3.5%, aligning with industry averages. In 2021, LG announced a significant restructuring of its mobile division, leading to an increased focus on developing technological solutions in consumer electronics, which has had a favorable impact on its credit profile and bond performance.