VW plans 959.5 mln euro German car loan ABS - lead

Newswire

LONDON, Sept 29 (Reuters) - Volkswagen Bank, an affiliate of German car maker Volkswagen AG plans to sell a 959.5 million euro ($1.22 billion) German auto loan securitisation, a lead manager said on Friday. BNP Paribas and SEB are the lead managers for the Driver Three GmbH bond sale. The lead said roadshows will run from next Wednesday to Friday. The initial structure for the euro-denominated deal is below. The ratings are from Fitch Ratings, Moody's Investors Service, and Standard ...

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