First dim sum bond for German company
June 02, 2011 | BY
clpstaff &clp articlesVolkswagen International Finance has issued Rmb bonds, the first bond issued in renminbi by a German company. The bonds, at 2.15%, raised Rmb1.5 billion…
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Volkswagen International Finance has issued Rmb bonds, the first bond issued inrenminbi by a German company. The bonds, at 2.15%, raised Rmb1.5 billion (US$231.5 million) and are due 2016.