Volkswagen readies Eu475m German auto lease ABS

02 Sep 2010

 Volkswagen Financial Services is preparing a Eu475m securitisation of auto leases, the captive lender’s fourth securitisation of the year.

Commerzbank and HSBC held roadshows this week for VCL 12 in Finland, Germany, France and the UK. Pricing is expected next week.

The deal comprises a Eu457.5m triple-A tranche with ...

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