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#CIB channel
- 2022/11/15
Crédit Agricole CIB supports Volkswagen AG in Green Bond Issue
Shortly after the publication of its new Green Finance Framework, Volkswagen AG successfully placed a three-part Green Bond with a total volume of € 2.5 billion on 7 November.
Despite ongoing market volatility, the issuer took advantage of a very good market window and priced its largest green bond issue to date with a three times oversubscribed book and a new issue premium in the single-digit basis point range.
Crédit Agricole CIB acted as Active Joint Bookrunner for this transaction.
Click here for the Volkswagen Group's Green Finance Framework.