Capital markets week ahead: Volkswagen, Lebanon, Del Monte

摘要

EMISSIONS TEST Volkswagen will set out its sustainability credentials, as it continues to meet investors following the launch of its green finance framework last week. The scandal-hit carmaker hopes to sell bonds, Schuldschein and loans off the back of the framework, with green funds set to be a key component in financing its plans to ramp up production of electric vehicles. But it is set to face some difficult questions - not least around trust - after the company was found to be cheating diesel emissions tests, a scandal that has cost it more than US$30bn in vehicle refits, fines and provisions. Some green investors have already said they will not be able participate in any future deals issued under the new framework. "VW is off limits," one investor told IFR.