Volkswagen Bank Raises €1.5 Billion in First-Ever Green Bond to Boost EV Financing
Volkswagen Bank GmbH has successfully issued its first green bond, raising €1.5 billion through 3-year and 6-year tranches. The bond, aligned with Volkswagen Financial Services AG’s Green Finance Framework, introduces a “senior preferred” format that enhances investor protection by improving positioning in the creditor hierarchy (ESG News).
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