Menu

Volvo Cars raises USD588 million through green bond to fund EV program

News
Corporate developments

First green bond issued by Swedish carmaker was oversubscribed by five times

Last week, Volvo Cars successfully placed its first green bond, raising EUR500 million (USD588 million) from institutional investors to fund its ambitious vehicle electrification program, the company said in a press release on 30 September.

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload