Press Releases


July 9, 2019

Volkswagen Financial Services Issue Auto ABS and Bonds

Volkswagen Financial Services have successfully placed their fourth
Brazilian auto asset-backed securities (ABS) transaction. The securitisation
transaction Driver Brasil four, which is secured by receivables from Banco
Volkswagen S.A., has a volume of around 1.1 billion Brazilian reals (BRL) or
around 253 million euros. In addition, Volkswagen Financial Services
successfully issued bonds in pounds sterling (GBP), Swedish krona (SEK) and Norwegian kronor (NOK). Volkswagen Bank GmbH issued a bond with a volume of 500 million euros.

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June 13, 2019

Volkswagen Leasing GmbH issues bonds worth 1.75 billion euros

Volkswagen Leasing GmbH, a wholly-owned subsidiary of Volkswagen Financial Services AG, has issued two bonds with a total volume of 1.75 billion euros. A rating of A3 (Moody's) and BBB+ (Standard and Poor's) is expected for the bonds with maturities of three and seven years.

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May 27, 2019

"Our Children in Braunschweig" foundation hands over 50 bicycles for pupils at the Bebelhof and Altmühlstraße primary schools

The Bebelhof and Altmühlstraße primary schools have received bicycles, safety helmets and security locks worth around EUR 15,000 from the "Our Children in Braunschweig" foundation belonging to Volkswagen Financial Services. 50 children altogether will be benefiting from the donation.

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May 22, 2019

Career and Vocational Information Day at Volkswagen Financial Services

Volkswagen Financial Services are hosting a Career and
Vocational Information Day on Saturday, 25 May 2019 between 11 am and 4 pm in their Conference and Finance Center at Schmalbachstrasse 1 in Braunschweig. As well as being presented with an overview of the company and the recognized training occupations it offers, those interested can also inform themselves more generally about starting up in professional life at a total of 20 different stations.

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May 16, 2019

Volkswagen Financial Services aim for market leadership in smart parking: travipay changes its name to PayByPhone in Germany

Volkswagen Financial Services are bundling their business
activities in the field of digital parking management under the "PayByPhone"brand. As part of this process, the "travipay" app from sunhill technologies, a subsidiary of the Braunschweig-based financial services provider, is getting a new name and a new design. In future, this mobile park and pay solution will be available as "PayByPhone" in all German, Italian and Spanish app stores.

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May 7, 2019

Volkswagen Financial Services continues to grow in first quarter of 2019

After the record year of 2018, Volkswagen Financial Services also made a positive start to the new financial year. The portfolio of contracts continued to grow in the first quarter and new contracts remained at a constant high level. "The increasing economic challenges in some regions of the world were compensated by the strong growth in other markets which allowed us to further increase our contract portfolio. This confirms the importance of our broad global presence, which we have successfully expanded in recent years," said Lars Henner Santelmann, Chairman of the Board of Management of Volkswagen Financial Services AG.

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April 25, 2019

Classics in the Park – Braunschweig's popular festival of classical music celebrates ten successful years!

 The open-air "Classics in the Park" event, which is sponsored by Volkswagen Financial Services, is celebrating its tenth anniversary this year. First staged in 2009 in front of about 5,000 spectators picnicking around the Portikusteich lake in the city's Bürgerpark, this green concert hall experience has since become an essential fixture in the regional calendar enjoyed by a steadily growing number of visitors. For the ninth annual concert in 2018 more than 20,000 people flocked to the site, which has since moved to the area of the park just south of the Volkswagen Hall.

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March 26, 2019

Volkswagen Financial Services issues bonds with a volume of 2.75 billion euros

Volkswagen Financial Services issued three bonds with different
maturities and a total volume of 2.75 billion euros. The issue attracted strong
investor interest to the total amount of more than six billion euros.
Volkswagen Financial Services expects Standard & Poor's to rate these bonds
BBB+ and Moody's A3.

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