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Germany: Volkswagen plans to raise €4bn

Hans Dieter Poetsch, member of the board of management of Volkswagen AG, responsible for Finance and Controlling, has outlined the OEM's plans to raise around €4bn (US$5.4bn). The company intends to ask shareholders on 22 April 2010 to approve a bond issue convertible into 40 million preferred shares at a Subscribe to Automotive World to … Continued

Hans Dieter Poetsch, member of the board of management of Volkswagen AG, responsible for Finance and Controlling, has outlined the OEM's plans to raise around €4bn (US$5.4bn). The company intends to ask shareholders on 22 April 2010 to approve a bond issue convertible into 40 million preferred shares at a

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https://www.automotiveworld.com/articles/81224-germany-volkswagen-plans-to-raise-4bn/

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