# 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.

- Type: Investment
- Announced: 2018-11-09
- Where: Paju, Gyeonggi, South Korea, South Korea
- Value: $1.00B
- Starts operating: Q3 2019
- Status: announced
- Capacity: 130,000 sheets per month (total after expansion)
- Products: OLED panels
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [LG Display](https://endata.com/companies/8752.md)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/8551601), 2018-11-09: "LG Display Thursday raised $300 million through green bonds overseas, where the proceeds are set mainly for eco-friendly projects."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.