Volkswagen Australia launches 3.5-year benchmark domestic deal
- Tuesday, 21 August 2018
On 21 August, Volkswagen Financial Services Australia (Volkswagen Australia) (BBB+/A3) launched a benchmark, February 2022-maturity domestic deal. The forthcoming deal has indicative price guidance of 120 basis points area over semi-quarterly swap. Pricing is expected on the day of launch, according to lead managers RBC Capital Markets and Standard Chartered Bank.