VW’s banks set for ‘substantial’ scalebacks
Lenders that have responded to a €5bn revolver for German auto firm Volkswagen, that is set to be signed next week, will see their commitments scaled back, according to bankers close to the deal, after a high hit rate during syndication.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
