Clifford Chance has successfully advised Volkswagen Group on its CAD1 billion issuance

Global law firm Clifford Chance has advised leading automotive manufacturer Volkswagen Group on the issue of a triple series bond issuance by VW Credit Canada, Inc. / Crédit VW Canada, Inc. guaranteed by VOLKSWAGEN AKTIENGESELLSCHAFT which attracted a total of CAD1 billion from international markets. The bonds were issued under Volkswagen’s €30 billion Debt Issuance Programme.

Clifford Chance was not only involved in the 2025 Canadian Dollar Bond issuance but has advised on various past bonds of the Volkswagen Group. The banking syndicate for this transaction comprised Scotia Capital Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and TD Securities Inc.

The Clifford Chance team was led by partner Cristina Freudenberger and comprised counsel Henrik Gildehaus and transaction lawyers Lilli Neubauer and Felicitas Fischer (all Capital Markets, Frankfurt).