Volkswagen taps lease warehouse

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Volkswagen taps lease warehouse

Issue: 1144 - 5 March 2010

Keywords: VW,Volkswagen,VCL,auto,lease,warehouse

Volkswagen Financial Services has launched a second issue from its lease receivables warehouse facility. The Eu431m private placement, VCL Master Compartment 2, was split into four tranches – two each of Eu75m and Eu50m – supported by a Eu168m subordinated loan and overcollateralisation of Eu13m. ..

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