Volvo signs €1.2bn refi of dollar line
Volvo Treasury on Wednesday signed a €1.2bn five year revolving facility to replace a $1.4bn line maturing in May next year. The Baa2/BBB+ rated borrower saw its facility, priced at 85bp, oversubscribed during syndication in what one banker close to the deal called a “straight-forward” process.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
