VW pays the price for outstanding euro volumes

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VW pays the price for outstanding euro volumes

VW Euros
ILLUSTRATION - A Volkswagen car model 'VW Tiguan' in front of a dropping money pile. The photo was taken on 16 October 2015. Photo: S. Steinach - NO WIRE SERVICE - | Sascha Steinach/DPA/PA Images

After Volkswagen (VW) printed the biggest corporate bond trade in its history the previous week, Volkswagen International Finance sold a six tranche dual-currency deal on Monday. While pricing on the dollar clips was commended by market participants, there were fewer compliments about the euro tranches, writes Nigel Owen.

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