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Volvo wraps partial repurchase of floating-rate notes due April 3
Chicago, Nov. 28 – Volvo Treasury AB completed the partial SEK 1 billion repurchase from the issue of SEK 2.6 billion floating-rate notes due April 3, 2023 (ISIN: XS2149423647), according to a notice.
The notes are guaranteed by AB Volvo.
Settlement was Nov. 24. After cancellation, there are SEK 600 million of the notes outstanding.
Volvo is a Gothenburg, Sweden-based luxury carmaker, which is owned by China’s Zhejiang Geely Auto Group.
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