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by Legal Desire
6 October 2025

Clifford Chance advises Volkswagen Group on US$2 billion bond issuance

Advising firms

Deal team

10 lawyers named
LawyerFirmSeniorityPracticeOffice
George Hacket Clifford Chance Partner U.S. Capital Markets Frankfurt
Andrei Manea Clifford Chance Counsel U.S. Capital Markets Frankfurt
Gordana Golubic-Huertas Clifford Chance Senior associate U.S. Capital Markets Frankfurt
Cristina Freudenberger Clifford Chance Partner Capital Markets Frankfurt
Felicitas Fischer Clifford Chance Other Capital Markets Frankfurt
Kate Vyvyan Clifford Chance Partner Capital Markets London
Sophie Wilkinson Clifford Chance Senior associate Capital Markets London
Olaf Mertgen Clifford Chance Partner Tax Frankfurt
Steffen Waadt Clifford Chance Counsel Tax Frankfurt
Avrohom Gelber Clifford Chance Partner Tax New York

Stated terms

Stated value
USD 2bn (US$2 billion)
What the figure measures
Issue size
Client
Volkswagen GroupIssuer
Counterparties
Goldman Sachs & Co. LLC (Underwriters)
HSBC Securities (USA) Inc. (Underwriters)
Morgan Stanley & Co. LLC (Underwriters)
SMBC Nikko Securities America, Inc. (Underwriters)
Standard Chartered Bank AG (Underwriters)