LeasePlan Corporation N.V.
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Publicatie datum
09 okt 2008 - 14:15
Statutaire naam
LeasePlan Corporation N.V.
Titel
LeasePlan secures € 1.5 billion 3 year credit facility from Volkswagen Group
Bericht
LeasePlan Corporation N.V. and LeasePlan Finance N.V. (“LeasePlan”) are pleased to announce the closing of a new 3 year € 1.5 billion credit facility from Volkswagen AG through its subsidiary Volkswagen International Payment Services N.V., which is available for draw down effective immediately.
The details of this arm’s length facility have been agreed by LeasePlan in close consultation with its three shareholders, Volkswagen Group (50%), Mubadala Development Company (25%) and Olayan Group (25%). Any support by shareholders is viewed as a temporary measure designed to deal with current market circumstances. As soon as markets return to normality LeasePlan will revert to its usual debt capital and money markets financing.
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Datum laatste update: 27 juli 2024