VW returns to China ABS with bigger revolver

Addison Gong

November 11, 2020 09:45 am

VW_AdobeStock_575x375_06May20 — FUERTH / GERMANY - FEBRUARY 25, 2018: Volkswagen emblem on a vw car. Volkswagen is a German automaker founded on 28 May 1937 and headquartered in Wolfsburg. | Photographer: Joerg Huettenhoels/Jörg Hüttenhölscher - stock.adobe.com

Volkswagen Finance (China) priced a nearly Rmb8bn ($1.2bn) auto loan asset-backed securities deal this week, the eleventh in its Driver China series.

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Topics

CITIC Securities China Corporate Bonds Asia Greater China China Bonds Bank of China Northeast Asia China Asia Pacific Structured Bonds BNP Paribas Securitization China Securitization Emerging Markets

AG

Addison Gong

SSA editor GlobalCapital