POSCO Holdings Inc. raised $700 million in a two-tranche green bond offering that drew robust investor demand, the South Korean steelmaker said Tuesday. The issuance included $400 million in five-year notes and $300 million in 10-year notes, with the shorter tranche priced at 137.5 basis points over US Treasuries—narrowing 42.5 basis points from initial guidance, according to a term sheet seen by Reuters. Investor appetite was strong, with the five-year bond attracting more than $3.8 billion in orders, while the 10-year tranche saw demand exceeding $2.8 billion, according to bookrunner messages reviewed by Reuters. The offering underscores rising investor interest in green financing and marks another step in POSCO's strategy to align with global sustainability goals. Attribution: Reuters Subediting: Y.Yasser
