Date | | Braunschweig/Düsseldorf, 5th November 2007 | Volkswagen Leasing GmbH Drives ABS Market Volkswagen Car Lease 10 (VCL 10) was successfully placed with a broad range of investors on November 2nd. This was the first benchmark ABS transaction since August 2007 to be fully marketed to investors via a roadshow and subsequent bookbuilding process. The syndicate of banks, led by WestLB as Sole Bookrunner and Fortis, was able to price both tranches at the lower end of the price range thanks to significant investor demand and oversubscription levels. ...more | Braunschweig/ Ciudad de México, 25th October 2007 | First automobile and direct bank in MexicoAs of immediately, Volkswagen Financial Services AG (VWFSAG) is represented in Mexico by its own captive automobile bank. As the first such automobile bank, Volkswagen Bank Mexico is not only taking on a pioneering role on the Mexican market for the future, it is also the only institute to date that is in a position to provide direct bank products to that country's private customer segment. ...more | Braunschweig, 11 May 2007 | Volkswagen Financial Services AG sells participation in vdf Otomotiv Fleet Services A.S., Istanbul, to LeasePlan Corporation N.V. Volkswagen Financial Services AG sells its indirect 51% stake in vdf Otomotiv Fleet Services A.S., Istanbul/Turkey to LeasePlan Corporation N.V. ...more | Braunschweig, April, 27th 2007 | Volkswagen Financial Services and HSBC team up to offer vehicle Finance in ArgentinaVolkswagen Financial Services and HSBC Bank Argentina have formed a partnership to offer customers in Argentina a range of vehicle finance options under the Volkswagen Financial Services brands through Volkswagen and Audi dealerships across the country. ...more |
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