Volvo Cars successfully places first green bond, raises €500M
Green Car Congress
OCTOBER 1, 2020
Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. As a first tangible step towards its 2040 vision the company aims to reduce its lifecycle carbon footprint per car by 40% between 2018 and 2025.
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