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	£300		1	EMEA	Nov 28, 2022

Tranche #1Volkswagen Financial Services NV

currency

GBP

size (m)

300.000

maturity

Dec 7, 2026

type

Fixed

tenor

4.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

G+240 a

ipt-pxd

guidance

G+225-230

spread

225

coupon

5.50%

spread set

price

99.74300

yield

5.498%

book size (m)

625

peak book (m)

x-covered

2.08

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

625

peak book (m)

x-covered

2.08

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

4 yr: Book size: 625; Registration: Reg S Only; Comments: GBP300m 4yr snr unsec bmk RegS. A3/BBB+. Barc/HSBC(B&D). IPTs G+240 area, set G+225 for 300m. Books C. 625m pre-rec. UKT 0.375% 10/26, @ 89.565 mid / 89.530 bid. 3.248% yield. HR 105%. FFT:3:45pm. LEI: 529900ZTQC8D1TW6BL41;

Guarantor(s)

Volkswagen Financial Services AG, Volkswagen Leasing GMBH, Volkswagen Financial Services Japan Ltd, Volkswagen Financial Services Australia Pty Ltd

Use of Proceeds

General Corporate Purposes

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