IFR-Price trumps distribution in Volkswagen ABS deal


(The following story first appeared in the Jan 29 issue of International Financing Review, a Thomson Reuters publication) by Jean-Marc Poilpre LONDON, Jan 31 (IFR) - Auto ABS is one of the European structured finance market's favourite -- and best-performing -- asset classes and Volkswagen is probably the issuer most committed to the product. Despite this, VW's latest auto transaction, which was priced last week, did not have an easy ride. The Driver-8 deal attracted fewer investors ...

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