VWFS prices its third Driver Australia ABS [UPDATED]
- Friday, 04 March 2016
Volkswagon Financial Services Australia (VWFS) priced its third Australian asset-backed securitisation (ABS) transaction on March 4, with expected ratings assigned to the Driver Australia Three Trust automotive-backed floating-rate notes on March 1. The transaction has a four-tranche structure, with a total volume of A$531 million (US$391.5 million).
