Archive 2012

date

 
Braunschweig,
August 29, 2012

Volkswagen Leasing GmbH successfully issues 10-year benchmark bond with a total volume of one billion euros

Volkswagen Leasing GmbH has yesterday successfully placed a 10-year benchmark bond with a volume of one billion euros pursuant to its 18 billion euro Debt Issuance Programme. This is the first benchmark bond of Volkswagen Leasing GmbH with a term of 10 years and the second benchmark transaction in 2012 under the roof of Volkswagen Financial Services AG. The order book reached a volume of 2.2 billion euros and was considerably oversubscribed. The bond were mainly marketed in Germany and France followed by Great Britain and Switzerland. The bond was sold at the lower end of the price range thanks to the great investor demand.

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Braunschweig,
July 13, 2012

Volkswagen Financial Services AG merchandises Brazilian car loans for the first time

The securitisation transaction Driver Brasil One was successfully placed last Friday. It is the first Auto ABS (Asset-Backed Securities) transaction backed by receivables of the Banco Volkswagen S.A., located in Sao Paulo. Brazil is therefore the fifth country following Germany, UK, Spain and Japan, in which Volkswagen Financial Services is engaged with its Driver platform. Driver Brasil One was fully marketed to investors via a roadshow and subsequent book building process.

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Frankfurt am Main, Germany ,
March 15, 2012

Volkswagen Financial Services AG attains record earnings in 2011

Volkswagen Financial Services AG increased its pre-tax profits during the business year 2011 by 7.2 percent to the record level of 933 million euros. Total assets rose by 17.8 percent to reach 77 billion euros. "We have also continued our worldwide growth during the business year 2011. Our strategy of diversified refinancing, a rigorous risk management and a strong sales performance have made a key contribution to the fact that Volkswagen Financial Services AG has again been able to report a record result," as the Chairman of the Management Board of Volkswagen Financial Services AG, Frank Witter, declared on the occasion of the annual press conference in Frankfurt am Main.

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Braunschweig, Germany,
March 2, 2012

Volkswagen Leasing GmbH continues success at EURO ABS market

The securitisation transaction Volkswagen Car Lease 15 (VCL 15) with a volume of EUR 1 billion was successfully placed with a broad range of investors yesterday. VCL 15 is the first German benchmark ABS (Asset-Backed Securities) transaction from Volkswagen Financial Services AG in the year 2012 and bears the True Sale International GmbH quality label "Certified by TSI –DEUTSCHER VERBRIEFUNGSSTANDARD".

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Braunschweig, Germany,
January 20, 2012

Volkswagen Financial Services merchandises Japanese car loans for the first time to a broad investor base

The securitisation transaction Driver Japan One was successfully placed today. It is the first Auto ABS (Asset-Backed Securities) transaction by a European car manufacturer in Japan so far which was marketed to a broad range of Japanese investors. It is backed by receivables of the Tokyo-based Volkswagen Financial Services Japan Ltd. Japan is the fourth country following Germany, UK and Spain, in which Volkswagen Financial Services is engaged with its driver platform.

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