POSCO Holdings Inc, founded in 1968 and headquartered in Pohang, South Korea, is a leading steel and mining company dedicated to producing high-quality steel products and contributing to the global industrial supply chain. The company is known for its innovative approaches in steel manufacturing and has diversified into other areas including energy and environmental solutions, reinforcing its commitment to sustainable growth.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
POSCO has been an active player in the bond market since the 1990s, with significant issuances intended to finance its expansion and modernization initiatives. Notably, in 2018, POSCO issued $500 million in green bonds to support its sustainability projects, reflecting its focus on environmentally friendly operations. As of 2023, the company’s bonds are yielding around 3.5%, aligning closely with the industry average, and feature callable options that enhance investment flexibility. Recent news highlighted POSCO’s strategic issuance of bonds to fund its transition to low-carbon steel production, positioning it competitively in the evolving materials market.