VW privately places lease notes from warehouse

By Joseph McDevitt
29 Jul 2013

Volkswagen Leasing has privately placed a €85m tranche of notes from its VCL Master warehousing program.

The offering, VCL Master SA's Compartment 1 Series 2013-1, is part of a programme that frequently issues privately placed notes from the VCL Master name. 

The notes, rated AAA by Fitch Ratings, are backed by Volkswagen lease receivables and were sold in order to fund the VCL Master warehouse ...

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