New Issue-Volkswagen U.S. unit prices $1.5 bln ABS

Newswire

NEW YORK, Sept 22 (Reuters) - VW Credit Inc., Volkswagen AG's U.S. finance unit, priced on Wednesday about $1.5 billion in asset-backed securities supported by car leases it issued, a source close to the deal said.

J.P. Morgan Securities and Wachovia Securities jointly headed the deal's syndicate group that included ABN AMRO, Barclays Capital, Citigroup Global Markets and SG Corporate and ...

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