Volkswagen unit launches 1.0 bln euro bond

Newswire

LONDON, Aug 29 (Reuters) - The funding arm of German carmaker Volkswagen has launched a one billion euro bond that matures in March 2008, the firm's banks said on Thursday. VW Financial Services, which offers funding to clients buying the company's cars, expects to price the deal on Thursday at an interest rate of 65 basis points over the swaps curve -- at the tight end of expectations. The deal was managed by Barclays Capital, Commerzbank and SG Investment Banking.

Premium Content (PAID Subscription Required)

"Volkswagen unit launches 1.0 bln euro bond" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×