Volkswagen Sells Green Hybrid Bond as Issuers Rush to Market
Volkswagen AG is selling euro-denominated green hybrid bonds, kicking off what's expected to be a busy week of corporate bond issuance amid progress in US-China trade talks.
The automaker's financing subsidiary, Volkswagen International Finance NV, is offering two perpetual bonds with first call dates in November 2030 and November 2033, according to a person familiar with the matter who asked not to be identified. The bonds offer yields of around 6.25% and 6.75%, respectively, the person said.
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Formula 1: George Russell says late-race contact from Max Verstappen 'felt very deliberate'
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1 year ago, I said I wouldn't touch Vodafone shares with a bargepole! Was that wise?
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