VW Bank ups, sets talk on Driver 1 auto bond-banker


LONDON, Nov 22 (Reuters) - Volkswagen Bank has increased the size of and set price talk for the Driver One auto-loan backed bond, the debut deal on Germany's True Sale Initiative platform, a banker close to the deal said on Monday. "Pricing is expected late tomorrow or early on Wednesday," the banker said. The deal now totals 1.2 billion euros, up from 1.04 billion initially. The deal includes 400 million euros of class A1 notes, rated triple-A by Moody's Investors Service and Fitch ...

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