Volkswagen keeps niche, PP roadtrip rolling
Volkswagen this week continued the streak of niche currency trades it has priced since the beginning of August by printing $320m-equivalent this week across Swedish kronor, Australian dollars and Norwegian kroner.
The German auto producer has focused on non-core markets and private placements in the last fortnight rather than chunkier benchmarks in euros or US dollars. And with good reason, said bankers, given the time of year.
"It makes sense for a borrower to print niche trades and private placements
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