Volkswagen Leasing sets euro ABS guidance -lead

Newswire

LONDON, Oct 31 (Reuters) - Volkswagen Leasing GmbH has set guidance for a two-part 970.55 million euro ($1.4 billion) bond backed by car leasing contracts, one of the banks managing the sale said on Wednesday. Guidance for triple-A 940.2 million euro tranche has been set at Euribor plus 38 basis points area, the bank said. The smaller 30.35 million euro tranche, which is rated A+ by Standard & Poor's and Fitch Ratings and A1 by Moody's Investors Service, has been given guidance of ...

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