Volkswagen returns to China auto ABS after long break

Rebecca Feng

November 07, 2019 07:15 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 Finance (China) will come back to the Chinese auto loan ABS market after a two-year break on November 13. The Beijing-based originator is offering a Rmb5.97bn ($851m) dual-tranche note equipped with two international ratings.

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Topics

CITIC Securities China Citi Asia Greater China China Bonds Bank of China Northeast Asia China Asia Pacific Securitization ABS China Securitization Emerging Markets

RF

Rebecca Feng