News
24 September 2024

Hyundai seals ECA-backed $1.35bn deal for US EV plant

In:
Transport
Region:
Americas

South Korea's Hyundai Motor Group has signed a $1.35 billion ECA-backed green loan to fund its first electric vehicle manufacturing plant in the US.The term loan, jointly co-led by HSBC and ANZ, adheres to LMA Green Loan Principles and was backed by K-Sure. Funds will help accelerate...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Interview
02 April 2026

KEXIM adapts to support the project cycle

Proximo spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP...

Perspective
17 April 2026

Chamonix Infrastructure: The CLO as integrated distribution

A debut project finance loan securitisation from Natixis has a fresh geographical focus. It also points to a way for banks to integrate CLOs into their distribution strategy