VW Forced Wide Of Initial Talk For Driver As Market Sell-Off Bites

26 Jun 2013

Formal guidance for Volkswagen Bank’s Driver 11 German auto loan securitization has been set wider than initial price thoughts in the class A and B tranches to take account of continued weakness in the secondary market.

Formal guidance for Volkswagen Bank’s Driver 11 German auto loan securitization has been set wider than initial price thoughts in the class A and B tranches to take account of continued weakness in the secondary market.

Lead managers Raiffeisen International,

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