Volkswagen plans Q1 bond market return after new €20bn backstop

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Volkswagen plans Q1 bond market return after new €20bn backstop

volkswagen 230x150
A sign with the Volkswagen logo stands in front of a VW car dealer in Hanover, Germany, 20 February 2014. On Friday (21 February 2014) a supervisory board meeting takes place. In the previous year first operating numbers have been submitted for the expired business year. Photo: Julian Stratenschulte/dpa | Julian Stratenschulte/DPA/Press Association Images

Volkswagen, the scandal-hit German car company, is intending to return to the unsecured bond market in the first quarter of 2016, once it has updated its MTN programme, the company's financing chief has told GlobalCapital.

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