Volkswagen tightens auto spread to 2018 with market reopener

GlobalCapital Securitization, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213

Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Securitization
ABS

Volkswagen tightens auto spread to 2018 with market reopener

Tom Brown
February 25, 2021 02:30 PM
VW logo 230x150
The Volkswagen logo shines at the Volkswagen plant in the light tunnel for the final inspection in Wolfsburg, Germany, 25 February 2013. Photo: Jochen Lübke | Jochen Lübke/DPA/Press Association Images

Auto spreads in the European ABS market have tightened to levels not seen since 2018 after Volkswagen Bank priced its German lease deal, VCL 32, at a discount margin of 15bp over one-month Euribor on Wednesday.

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

SantanderCoronavirusRBC Capital MarketsSEBBNP ParibasABSSecuritizationCommerzbankEuropeDZ BankEMEA
TB
Tom Brown
Gift this article