VW Retains New German Auto ABS
Volkswagen Financial Services has launched and retained a EUR949.9 million ($1.35 billion) securitization of German auto loans from its Private Driver program.
Volkswagen Financial Services has launched and retained a EUR949.9 million ($1.35 billion) securitization of German auto loans from its Private Driver program.
The deal, Private Driver 2011-2, is backed with loans originated by VWs auto financing business Volkswagen Bank. The issuance comprises a EUR920 million ($1.31 billion) 1.79-year bond, ...Already a subscriber? Login