Third corporate deal priced in two days as VWFS upsizes 2012
- Tuesday, 24 November 2009
Capping a flurry of activity in the Australian corporate bond market, Volkswagen Financial Services Australia (VWFS) (A-/A3) priced a A$125 million (US$115.2 million) transaction on November 24 – the third corporate deal in two days. The three-year, fixed rate bond deal is Volkswagen's second of 2009 and priced at a margin of 200 basis points over swap.
