VWFS launches Australian dollar Reg S benchmark
- Wednesday, 06 September 2017
The Reg S Australian dollar benchmark deal for Volkswagen Financial Services Australia (VWFS) (BBB+/A3) progressed to launch on 6 September. The forthcoming transaction, which will emerge in either or both of fixed- and floating-rate format, is being marketed at 130-135 basis points over swap benchmarks, according to lead managers Citi and HSBC.
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