VW Financial Services hits treble as it finally gets round to euros

Volkswagen Financial Services had been conspicuous by its absence in the euro corporate bond market in the first quarter of 2018. Having been the largest corporate issuer by volume in 2017, the company had used other markets so far this year before selling a new triple tranche deal.

  • By Nigel Owen
  • 05 Apr 2018
The last time the issuer was seen in the public euro market was December, when its VW Bank subsidiary sold a €2bn triple tranche deal made up of a 3.5 year floating rate note and 5.5 and eight year fixed rate tranches. In 2018, VFS had sold ...

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