Linklaters advises banks on Volkswagen Group’s US$3.05bn bond offering in the U.S. capital markets

Linklaters has advised the international banking syndicate on the successful placement of a large-scale bond offering by the Volkswagen Group in the U.S. capital markets.

As part of a Rule 144A offering in the United States, the Group raised a total of US$3.05bn through five tranches issued by Volkswagen Group of America Finance, LLC.

All notes are guaranteed by Volkswagen AG.
The Linklaters core team consisted of partner Marco G. Carbonare, senior U.S. counsel Kevin Roy and associate Alexander Auster. Other team members included partners Alexander Schlee and Christian Storck, counsels Rowina Ullner, John Hunt, Will Cresswell and Omer Harel, as well as associates Helena Obenheimer, Bernard Yi and Justin Faulhaber.

Linklaters’ market-leading DCM team regularly advises issuers and financial institutions on complex debt capital markets transactions, including investment grade and high-yield bonds, hybrid bonds, green bonds and other international capital markets financings.

In Germany, the firm’s integrated U.S. practice advises in particular on capital markets transactions with a U.S. Rule 144A tranche, as well as on SEC-registered offerings and private placements with U.S. and international investors.