Volkswagen Financial Services NV (VW)

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Volkswagen Financial Services NV (VW)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	VW	Volkswagen Financial Services NV	£500		1	EMEA	Jan 11, 2022

Tranche #1Volkswagen Financial Services NV

currency

GBP

size (m)

500.000

maturity

Jan 18, 2028

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

G+135 a

ipt-pxd

guidance

G+120-125

spread

120

coupon

2.125%

spread set

price

99.48200

yield

2.206%

book size (m)

850

peak book (m)

x-covered

1.7

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

850

peak book (m)

x-covered

1.7

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

6 yr: Book size: 850; Registration: Reg S Only; Comments: GBP500m 6yr bmk snr unsec RegS. A3/BBB+. ICBC Standard/Lloyds/Santan(B&D). IPT G+135 area, guidance G+120/+125 WPIR, final G+120. Bks >850m, peak >900m, UKT 0.125% January 2028 @ 94.838% mid/ 94.818 bid/ HR 98.5%. FTT 3.30pm. LEI: 529900ZTQC8D1TW6BL41;

Guarantor(s)

Volkswagen Financial Services AG

Use of Proceeds

General Corporate Purposes

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