Volvo Sells €500M Bond as Tariff Concerns Weigh on Automakers
Volvo Treasury AB is selling a five-year, €500 million ($563 million) bond on Friday, as automaker-related notes hit the market amid the looming risk of tariffs.
The subsidiary of commercial vehicle manufacturer Volvo AB is offering a spread of around 120 basis points above mid-swaps at initial price thoughts, according to a person familiar with the matter who asked not to be identified.
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