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Sports-car maker Porsche AG intends to offer more green debt to support its 6 billion-euro ($6.6 billion) investment in electric vehicles.
The Volkswagen AG unit will stick with green financing after selling a record 1 billion-euro green Schuldschein last year, according to Wolfgang Ratheiser, vice president for corporate finance and treasury. It has for now ruled out raising potentially more flexible financing in the faster-growing ESG-linked market.
“The 1-billion euro Schuldschein was only the beginning,” Ratheiser said in an interview. He didn’t elaborate on whether future green deals will be in the German Schuldschein debt market or alternatives such as
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