VW prints Rmb4.5bn Driver China six auto ABS

Addison Gong

May 16, 2017 05:15 am

volkswagen 230x150 — A sign with the Volkswagen logo stands in front of a VW car dealer in Hanover, Germany, 20 February 2014. On Friday (21 February 2014) a supervisory board meeting takes place. In the previous year first operating numbers have been submitted for the expired business year. Photo: Julian Stratenschulte/dpa | Julian Stratenschulte/DPA/Press Association Images

Volkswagen (VW) priced the senior class A and class B portions of its Rmb4.5bn ($652.66m) Driver China Six Trust on May 12. The originator opted for a pure static asset pool for its first 2017 ABS outing, having gone down the revolving route in its last transaction.

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Topics

China Merchants Securities Co China Asia Greater China Standard Chartered Bank of China Northeast Asia Asia Pacific Securitization ABS Emerging Markets

AG

Addison Gong

SSA editor GlobalCapital