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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ European securitization issuance database
✔ Daily newsletters across markets and asset classes
✔ 1 weekly securitization podcast

Topics

Spain ABS Securitization Europe EMEA

BT

Bill Thornhill