Find out all Crédit Agricole CIB's information on real time : latest deals, leagues tables, awards, flash. And every month, our special report on an current subject.
06/29/2010 / GERMANY / DEBT & CREDIT MARKETS
Crédit Agricole CIB, joint bookrunner of Volkswagen Group's benchmark bond
On June 21st, Volkswagen Bank GmbH issued its first senior unsecured benchmark bond this year. Crédit Agricole CIB, DZ Bank, RBS and UniCredit acted as joint bookrunners on this Euro denominated bond with a 3-year maturity.
A positive market momentum growing during the past two weeks and the rarity of corporate new issues enabled the bookrunners to successfully place the deal.
It was the second transaction by a Volkswagen Group entity in 2010 after a EUR 1 billion transaction launched by Volkswagen Financial Services in January.