VW to tap strong euro auto ABS demand

By David Bell
17 Sep 2015

BNPP, HSBC, and Volkswagen Financial Services are expected to price the €665m Driver España Two Spanish auto loan ABS deal next week.

Volkswagen will be hoping to capitalise on recent strong levels of demand for euro auto loan deals. Last week, Mercedes-Benz was able to raise an impressive €1.028bn through its Silver Arrow transaction, in the largest German auto ABS placement in the year to date. Following initial pricing thoughts ...

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