POSCO Pilbara Lithium Solution Co

Gwangyang Lithium Facility Project - KDB/KEXIM Direct Loan

Industry
Oil & gas/Chemicals/Petrochemicals
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Korea

Deal Overview

POSCO Pilbara Lithium Solution Co has signed a KRW600 billion ($460 million) loan with the Export-Import Bank of Korea and Korea Development Bank.The company, a JV between Pilbara Minerals and POSCO, says the loan will fund the balance of the capital development and commissioning costs for its new...

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Deal Volume
$456.1m
Financial Close
27/02/2023
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Tranches

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Project Deals

Gwangyang Lithium Facility Project
$750m
Greenfield
Chemicals/Petrochemicals
Asia Pacific
Asia Pacific
Korea