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Volvo Cars raises SEK 3 bln through bond issue
November 30, 2016 / 4:50 PM / 10 months ago

Volvo Cars raises SEK 3 bln through bond issue

STOCKHOLM, Nov 30 (Reuters) - ** Volvo Cars has raised SEK 3 billion from its first Swedish bond issue, the car manufacturer said in a statement on Wednesday.

** Says the bond will be listed on the Official List of the Luxembourg Stock Exchange and the proceeds will be used for general corporate purposes.

** Says bond issue follows its introduction to the global corporate bond market earlier this year, when it raised EUR 500 million. (Reporting by Johan Ahlander)

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