Braunschweig, 2011-11-01
Volkswagen Bank GmbH:
Call Euro 50,000,000 subordinated (Lower Tier II) Floating Rate Notes of 2006/2016 (10NC5) (ISIN XS0275638137, WKN A0BNZW)
Braunschweig - Today, the Board of Management of Volkswagen Bank GmbH has
decided to exercise its early redemption option and to call the "Euro
50,000,000 subordinated (Lower Tier II) Floating Rate Notes of 2006/2016
(10NC5)" (ISIN XS0275638137, WKN A0BNZW) issued on November 21st, 2006 and
listed on the regulated market of the Luxembourg Stock Exchange. All Notes
will be redeemed at par value on November 30th, 2011.
Information and Explaination of the Issuer to this News:
With regard to the repayment date foreseen in the Terms and Conditions of
the Notes falling in 2016, the Notes are presumably trading below par
value. It can be expected that the Notes will trade at approximately 100
per cent upon the announcement of the early redemption.
2010
Braunschweig, 2010-12-01
Volkswagen Bank GmbH:
Call Euro 120,000,000 Floating Rate Subordinated Notes due 2015 (10NC5) (ISIN XS0237497002, WKN A0BNZP)
Braunschweig - Today, the Board of Management of Volkswagen Bank GmbH has decided to exercise its early redemption option and to call the “Euro 120,000,000 Floating Rate Subordinated Notes due 2015 (10NC5)” (ISIN XS0237497002, WKN A0BNZP) issued on December 12th, 2005 and listed on the regulated market of the Luxembourg Stock Exchange. All Notes will be redeemed at par value on December 21st, 2010.
Information and Explaination of the Issuer to this News:
With regard to the repayment date foreseen in the Terms and Conditions of the Notes falling in 2015, the Notes are currently trading below par value. It can be expected that the Notes will trade at approximately 100 per cent upon the announcement of the early redemption.
2009
Braunschweig, 2009-11-12
Volkswagen Bank GmbH:
Euro 750,000,000 Subordinated Fixed to Floating Rate Notes due December 3rd, 2014 (ISIN XS0206800590, WKN A0BNZK)
Call subordinated bond
Today, the Board of Management of Volkswagen Bank GmbH has decided to exercise its early redemption option and to call the “Euro 750,000,000 Subordinated Fixed to Floating Rate Notes due December 3rd, 2014” (ISIN XS0206800590, WKN A0BNZK) issued on December 3rd, 2004 and listed on the regulated market of the Luxembourg Stock Exchange. All notes will be redeemed on December 3rd, 2009.
Information and Explaination of the Issuer to this News:
With regard to the repayment date foreseen in the terms and conditions of
the notes falling in 2014 the notes are currently trading below par value.
We expect that the notes will trade immediately at or about 100 per cent
upon the announcement of the early redemption.