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ChinaChina Securitization

VW cuts revolving period in year’s first China ABS

Volkswagen VW car logo from Adobe 30Mar20 575x375

Volkswagen Finance (China) Co came to the onshore auto ABS market for the first time in 2021 with a Rmb5.97bn ($929m) transaction this week, slashing the revolving period to three months to achieve a competitive pricing.

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