Volkswagen opens books for fifth Spanish auto ABS

Bill Thornhill

January 25, 2018 06:45 PM

PA-UK M25 — File photo dated 19/12/14 of traffic on the M5 motorway, Somerset. New diesel and petrol cars and vans will be banned from 2040 as part of efforts to tackle air pollution, the Government is expected to announce. | Ben Birchall/PA Wire/PA Images

Volkswagen Finance has mandated leads and opened order books for its fifth securitization of Spanish auto loans. Investors believe guidance is attractive, but with 'super-strong demand' the deal is ultimately expected to be priced tight.

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Topics

Spain ABS Securitization Europe EMEA

BT

Bill Thornhill