Notices Concerning Notes
Letter of Comfort
Inofficial Translation
Letter of comfort
Volkswagen Bank GmbH with its registered office in Braunschweig is the sole shareholder of Volkswagen Leasing GmbH with its registered office in Braunschweig as well. Volkswagen Bank GmbH undertakes vis-à-vis all current and future creditors of Volkswagen Leasing GmbH to ensure that Volkswagen Leasing GmbH is financially equipped in such a way that it is able at all times to properly fulfil all its current and future obligations.
Please note that Volkswagen Financial Services AG has given a Letter of Comfort with regard to the creditors of Volkswagen Bank GmbH which can be downloaded here.
Debt Issuance and Commercial Paper Programmes
Since September 25, 2024 Volkswagen Bank GmbH is an issuer under the EUR 50 bn Debt Issuance Programme of Volkswagen Financial Services AG, Volkswagen Bank GmbH and their affiliated subsidiaries (see “EUR 50 bn Debt Issuance Programme”).
Since July 5, 2024 Volkswagen Bank GmbH is an issuer under the EUR 7.5 bn Multi-Curreny Commercial Paper Programme of Volkswagen Financial Services AG, Volkswagen Bank GmbH and their affiliated subsidiaries (see “EUR 7.5 bn Multi-Curreny Commercial Paper Programme”).
€ 10 bn Debt Issuance Programme until June 30, 2024
Corporate Bonds
For further information on our Green Finance Framework and our Green Finance issuances please click here.
Asset Backed Securities
Volkswagen Bank GmbH, Spanish Branch
Private Driver España 2020-1
Private Driver España 2026-1
Volkswagen Bank GmbH