VW stays busy with new VCL lease ABS

Volkswagen is looking to sell a new deal from its VCL German lease securitisation shelf next week. VCL 17 comes only a few weeks after it priced its tightest post-crisis German auto loan ABS, Driver 10, and another tight print is expected.

  • 13 Feb 2013

The €750m transaction will offer investors €697.5m of class ‘A’ notes, with 1.29 year weighted average life and 8.2% credit enhancement, and €21m of single-A rated ‘B’ notes, with 1.88 year WAL and 5.4% credit enhancement.

Volkswagen has set aside Monday to Wednesday next week to speak with ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%