Bloomberg Business

ADB Eyes Cheaper Funds for Sri Lanka, Green Bond Support

The Asian Development Bank is considering more concessionary funding for Sri Lanka and support for green bond issues as part of its assistance to help the South Asian nation recover from its worst economic crisis in decades.

Ecopro Materials Said to Plan Raising $377 Million in Korea IPO

Ecopro Materials Co., a maker of a key component used in electric-vehicle batteries, is seeking to raise at least 500 billion won ($377 million) in an initial public offering in Korea, according to a person familiar with the matter.

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