Volvo revs into Hong Kong ‘melt-up’

Hong Kong island adobe stock 230x150
By Frank Jackman
04 Jul 2019

Swedish car manufacturer Volvo made its debut in Hong Kong dollars on Wednesday amid increasing tensions and unrest in the city.

Volvo (A3/A-) placed a HK$724m ($92.9m) 2.31% July 2024 bond on Wednesday. Crédit Agricole priced the trade at par.

“Their rating was upgraded a few months ago,” said one MTN banker. “More investors are starting to consider this credit. Volvo have benefitted from an upwards trajectory in ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.