LG Display secures $1B for OLED panel expansion

LG Display has raised approximately $1 billion through green bonds ($300 million) and a syndicated loan ($700 million) to finance its OLED production expansion. The company aims to increase OLED output capacity from 10% to 40% of total by 2019, with a new Guangzhou plant adding 60,000 sheets per month from H2 2019.

“LG Display Thursday raised $300 million through green bonds overseas, where the proceeds are set mainly for eco-friendly projects.”pulse.mk.co.kr

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• pulse.mk.co.krLG Display secures $1 bn ammunition to finance OLED expansion campaign - 매일경제 영문뉴스 펄스(Pulse)Nov 9, 2018

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