Volvo Cars raises €500M for electrification through second green bond issue
Green Car Congress
MAY 25, 2022
All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040. The €500-million, 6-year fixed rate senior unsecured green bond was issued under Volvo Cars’ Euro Medium Term Note program.
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