SK Securities to Lead as Sole Bookrunner for 200 Billion KRW IBK Capital ESG Bonds

[Asia Economy Reporter Minji Lee] SK Securities announced on the 14th that it participated as the lead underwriter in the issuance of IBK Capital's ESG bonds (sustainability bonds) worth 200 billion KRW.

The bonds were issued in a total amount of 200 billion KRW, consisting of 50 billion KRW with a maturity of 2 years and 2 months, 100 billion KRW with a maturity of 2 years and 11 months, 30 billion KRW with a maturity of 5 years, and 20 billion KRW with a maturity of 7 years. The proceeds will be used for renewable energy, energy efficiency improvements, and financial support and investment in small and medium-sized enterprises.

An SK Securities official stated, "This bond is the first ESG bond issued by IBK Capital, and thanks to the recent high interest from investors, we succeeded in raising funds at a lower interest rate compared to the market average rate. Going forward, SK Securities will continue to lead ESG finance by making green finance business a new growth engine."

Since starting with the issuance of Woori Card ESG bonds in 2019, SK Securities has served as the lead underwriter for a total of 1.2 trillion KRW worth of asset-backed ESG bonds in the market.

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