Hyundai Motor Group Metaplant America LLC

Hyundai Metaplant Complex Expansion Project - K-Sure Covered Financing

Industry
Transport/Electric Vehicles
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

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

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Deal Volume
$1.35bn
Financial Close
28/08/2024
Dealmakers
Sun Young Kim

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DK Lee

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MK Lee

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Ashutosh Singh

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Noe Bedetti

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Marion Fischer

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Chris Sangyoub You

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Marion Coppere

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Catalina Leony

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Laurent Eurin

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Sources
Submitted by participant(s)

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Project Deals

Hyundai Metaplant EV Factory
$1.35bn
Greenfield
Electric Vehicles
North America
North America
United States