Volkswagen AG (VOW)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	VOW	Volkswagen AG	€3,500		2	EMEA	Jun 7, 2017

Tranche #1Volkswagen AG

currency

EUR

size (m)

1,500.000

maturity

type

Fixed

tenor

call

registration

Reg S Only

benchmark

Swaps

ranking

moody's

Baa2

s&p

BBB-

fitch

size description

re-open/tap

ipt

ipt-pxd

guidance

3% a

spread

254

coupon

2.75%

spread set

price

100.00000

yield

2.75%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Volkswagen AG

currency

EUR

size (m)

2,000.000

maturity

type

Fixed

tenor

call

registration

Reg S Only

benchmark

Swaps

ranking

moody's

Baa2

s&p

BBB-

fitch

size description

re-open/tap

ipt

ipt-pxd

guidance

4%/4.125%

spread

312

coupon

3.875%

spread set

price

100.00000

yield

3.875%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

P NC 5.5: Redemption: 2022-12-14; Registration: Reg S Only; Comments: EUR1.5bn bmk PNC5.5 hybrid. With perp NC10. Exp Baa2/BBB-. BAML(B&D)/CA/GS/HSBC/MUFG. IPTs 3% area yield, set 2.75%. Combined bks closed >11bn (slight skew to PNC10). MS+254 / DBR 1.5% 4/22+315 @110.081; P NC 10: Redemption: 2027-06-14; Registration: Reg S Only; Comments: EUR2bn bmk PNC10 hybrid. With perp NC5.5, exp EUR3.5bn total. Exp Baa2/BBB-. BAML(B&D)/CA/GS/HSBC/MUFG. IPTs 4%/4.125% yield, set 3.875%. Combined bks closed >11bn (slight skew to PNC10). MS+312 / Bund 0.25% 2/27+361.9 @99.941+361.9;

Guarantor(s)

Volkswagen AG

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Volkswagen AG (VOW)

Deal Details

Commentary

Deal Flow