Volkswagen unit may sell 965 mln euro ABS this week


LONDON, Nov 17 (Reuters) - Volkswagen Leasing, a leasing unit of Europe's biggest auto maker Volkswagen , may sell an asset-backed bond totalling 965 million euros this week, a source close to the deal said on Monday. West LB is managing the issue, which is via special purpose vehicle VCL No. 6 Ltd. The bond is backed by Volkswagen car leases in Germany. The latest structure of the transaction is below. RATING AMOUNT WAL* PRICE TALK AAA 935 mln 1.5 Euribor plus 11-12 bps A+ 30 mln ...

Premium Content (PAID Subscription Required)

"Volkswagen unit may sell 965 mln euro ABS this week" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 10, 2014

Barra Driving Change at GM

Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More
Jul 1, 2014

June 2014 U.S. Sales Thread (FINAL): Luxury Vehicles, Large Trucks Boost SAAR to 95-Month High

U.S. automakers dramatically outpaced expectations in June, raising the SAAR to its highest level since July 2006....More
Jul 1, 2014

GM Blues, Sergio Walks the Line, 97-Month Loans

Where do you begin with the telling of these crazy stories?...More

Sponsored Introduction Continue on to (or wait seconds) ×