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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

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