VW steers tight China auto ABS return

Rev Hui

July 11, 2016 10:15 am

volkswagen 230x150 — A sign with the Volkswagen logo stands in front of a VW car dealer in Hanover, Germany, 20 February 2014. On Friday (21 February 2014) a supervisory board meeting takes place. In the previous year first operating numbers have been submitted for the expired business year. Photo: Julian Stratenschulte/dpa | Julian Stratenschulte/DPA/Press Association Images

Volkswagen Finance Services ventured into the China auto ABS market for the second time this year with its Rmb2.99bn ($446m) Driver China Four offering – the company’s tightest priced securitization in the country.

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Topics

Asia China Merchants Securities Co Securitization ABS China Emerging Markets HSBC

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Rev Hui