VW prices first Italian auto loan ABS

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VW prices first Italian auto loan ABS

VW logo 230x150
The Volkswagen logo shines at the Volkswagen plant in the light tunnel for the final inspection in Wolfsburg, Germany, 25 February 2013. Photo: Jochen Lübke | Jochen Lübke/DPA/Press Association Images

Volkswagen Bank priced its inaugural €500m Italian auto loan ABS deal on Friday, with demand outstripping supply for both classes of bonds offered.

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