Reliable Volkswagen Bank reopens market via €1.5bn trio

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Reliable Volkswagen Bank reopens market via €1.5bn trio

Dangerous Road
Yan - stock.adobe.com

On Monday, Volkswagen reopened the euro corporate bond market after a blank week. The German car company’s financial arm was the only corporate issuer to brave the market on the day and, despite issuing a €1.5bn triple tranche deal, kept its longest maturity at six years.

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