Volvo Car AB (publ): Contemplating new green bond issuance
Volvo Car AB (publ) ("Volvo Cars") has mandated Barclays Bank Ireland PLC, Citigroup Global Markets Europe AG, Nordea Bank Abp and Société Générale as Joint Bookrunners, to arrange a series of fixed income investor calls on 29 April 2024. A senior unsecured EUR-denominated fixed rate 6-year green bond issued under Volvo Cars’ EMTN-programme guaranteed by Volvo Car Corporation may follow, subject to market conditions. The green bond will be issued in accordance with Volvo Cars’ Green Financing Framework dated May 2023, and a second party opinion rated Dark Green has been issued by CICERO,