Volkswagen Group issued their first green bond in September 2020, which will be used to finance the development of their electric vehicle program.
As of 2019, Volkswagen Group is the second biggest carmaker globally.
|
DATE OF ISSUE |
TYPE OF INSTRUMENT |
SIZE |
TENOR |
COUNTRY OF ISSUE |
CLIMATE BONDS SECTOR CRITERIA |
VERIFIER'S REPORT |
ANNUAL REPORT | FURTHER INFORMATION |
|---|---|---|---|---|---|---|---|---|
| September 2020 | Use of Proceeds | EUR 2 billion (USD 2.34 billion) | 8, 12 years | Germany | Low Carbon Transport |
|
