Wolfsburg, 31.03.2025 – Volkswagen Group has successfully renewed its syndicated multicurrency revolving credit facility, reinforcing its strong relationships with 44 core banking partners. This renewal reflects both Volkswagen’s continued growth and its stepwise transformation, ensuring long-term financial flexibility. The facility has been increased from €10 billion to €12.5 billion and can be drawn in both EUR and USD. It has a term of five years with two one-year extension options.
"As Volkswagen Group continues to transform, securing a solid financial foundation is essential. This facility enhances our ability to seize new opportunities while maintaining long-term financial stability and competitiveness," said CFO & COO Volkswagen Group, Arno Antlitz.
"This increased facility underscores the confidence of our banking partners in our strategic direction and strengthens our financial flexibility, supporting both our transformation and future growth ambitions," added Head of Treasury Volkswagen Group, Rolf Woller.
Volkswagen extends its gratitude to BNP Paribas, Citi, and Mizuho for their role as coordinators in this transaction.