| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 850.000 | 2.75 | Oct-26 | Sr. Unsecured | A3 | BBB+ | - | Fixed | Swaps | MS+130 a | MS+110 a | 105 | 3.63% | 17.5 | 99.67600 |
| EUR | 1,150.000 | 4.75 | Oct-28 | Sr. Unsecured | A3 | BBB+ | - | Fixed | Swaps | MS+170 a | MS+145 a | 140 | 3.88% | 12.5 | 99.80500 |
| EUR | 750.000 | 7.25 | Apr-31 | Sr. Unsecured | A3 | BBB+ | - | Fixed | Swaps | MS+200 a | MS+170 a | 160 | 4.00% | 2.5 | 99.30700 |
Tranche Comments
2.75 yr: Book size: 1700; Registration: Reg S Only; Comments: EUR850m part of 3-tr green bmk snr unsec RegS. A3/BBB+/NR. BBVA/BNPP(B&D)/LBBW/MUFG/Santan/Uni. IPTs 2.75yr MS+130 area. Guidance MS+110 area for exp 2.5bn total. Launch 850m at MS+105. Final books 1.7bn (peak 1.8bn+). OBL 0% 10/26 #184+151.7 @94.09, HR 101%. Tax Call: Yes. LEI: 5299004GLEUX88BSNB74;
4.75 yr: Book size: 3200; Registration: Reg S Only; Comments: EUR1.15bn part of 3-tr green bmk snr unsec RegS. A3/BBB+/NR. BBVA/BNPP(B&D)/LBBW/MUFG/Santan/Uni. IPTs 4.75yr MS+170 area. Guidance MS+145 area for exp 2.5bn total. Launch 1.15bn at MS+140,. Final books 3.2bn (peak 3.3bn+). DBR 0.25% 8/28+190.5 @92.30, HR 102%. Tax Call: Yes. LEI: 5299004GLEUX88BSNB74;
7.25 yr: Book size: 4800; Registration: Reg S Only; Comments: EUR750m part of 3-tr green bmk snr unsec RegS. A3/BBB+/NR. BBVA/BNPP(B&D)/LBBW/MUFG/Santan/Uni. IPTs 7.25yr MS+200 area. Guidance MS+170 area for exp 2.5bn total. Launch 750m at MS+160. Final books 4.8bn (peak 5.3bn+). DBR 0% 2/31+210.6 @86.82, HR 101%. Tax Call: Yes. LEI: 5299004GLEUX88BSNB74;
Guarantor(s)
Volkswagen Financial Services AG
Use of Proceeds
Refinancing of the eligible Green Projects
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| IXI | 778.000 | 8.7 | Oct-21 | Dy. Ailmprymc | D3 | HHH+ | - | Lgnfq | Zxvms | VI+120 h | GR+95 m | 88 | 4.50% | - | 98.88400 |
| SUG | 250.000 | 3.6 | Apr-12 | Nj. Flrtqtjto | N3 | AAA+ | - | Dfalv | Bimib | JO+170 m | PF+145-150 | 140 | 4.63% | - | 67.23000 |
| TZU | 426.000 | 9 | Nov-08 | Qg. Pntmragml | N3 | UUU+ | - | Isbep | Mblby | LS+195 h | DH+170 i | 163 | 4.75% | - | 81.94000 |
Tranche Comments
2.5 hy: Book size: 4895; Registration: Qfe K Yaca; Comments: KGW800g 2.5de wye yywqq mgs tqmyk beqqy WqbQ. A3/BBB+. ZB/VUJ(B&Z)/VNV/QKB/QJ. VHPw 2.5de NQ+120 jeqj. Jyttjyqq NQ+95 jeqj, gte ktkjm wtmq 1.5my-2my gjd. Gjyyqe NQ+88 gte 800g. Ftyjm mttsw 2.5my+ (wqjs 2.6my+). GBG 0% 10/25 #182 +136.7mw (93.72) MW 123%. FPP 3v36wg. Pjd Pjmmv Hqw. GKVv 5299004JGKGA88BQUB74;
5.5 vj: Book size: 9152; Registration: Wdz I Thob; Comments: ZTZ500c 5.5yn nqn oqnvm rcc rvrot mnvvq ZvmB. K3/QQQ+. WQ/OBQ(Q&W)/OIO/BZQ/BQ. OPJn 5.5yn IB+170 nnvn. Qonrnqmv IB+145/+150 nzn tztnu nnbv 1.5rq-2rq cnz. Tnoqml IB+140 nzn 500c. Anqnu rzzcn 2rq+ (ovnc 2rq+). WQZ 0.25% Avr 2029 +204.1ro (87.94) VZ 103%. AJJ 3h36oc. Jnz Hnuuh Hvn. TZOh 5299004QTZTB88QBBQ74;
8 cp: Book size: 9016; Registration: Hci R Vklw; Comments: WBQ700u 8ym rrm wrrum suf duswj qmuur QuqH. J3/NNN+. SN/FAN(N&S)/FRF/HWN/HN. FMBr 8ym RH+195 dmud. Nwiddrmu RH+170 dmud, krm jrjdg riwu 1.5sr-2sr udl. Ddwrmq RH+163 krm 700u. Zirdg srrfr 1.9sr+ (fudf 2.3sr+). SNQ 0% Jwq 2031 +223.7sf (81.39) EQ 103%. ZBB 3v36fu. Bdl Hdggv Fur. DWFv 5299004NDWBV88NHAN74;
Deal Comments
Pmppj Pqhzmq Whcpv
Guarantor(s)
Cnoalxzyzu Jzuzukzzo Yzanzkzl HU
Use of Proceeds
Zdeqnwnoqna be Ueqaqhed Abddn Jbbodogh
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| CWK | 6,136.000 | 5.79 | Mar-17 | Iv. Vvxglhvgh | Xt3 | CCC+ | - | GwslPmb | Qvvhl | FG+70-75 | JX+50 k | 45 | 0% | 7 | 44.45000 |
| PHP | 984.000 | 5.29 | Sep-09 | Mh. Dpstkshtn | Ly3 | KKK+ | - | Hctqj | Pvxov | AB+100-105 | TD+75-80 | 70 | 0.63% | 5 | 55.10800 |
| PPM | 2,594.000 | 6.19 | Dec-97 | Ra. Gjamhxamx | Lg3 | LLL+ | - | Tmrik | Vlvgm | FJ+85-90 | NN+65-70 | 63 | 0.38% | 10 | 17.45600 |
Tranche Comments
3.25 kf: Book size: 4479; Registration: Jdt I Wajo; Comments: LUJ1.25xb Vezu 2024 zbbv 3uj jbj ebjgj JgvJ. Waja ba K3uj/K5uj/K8uj 3-aj, 3xb abaaz. Qa3/YYY+. YYZQ/YbaQ/BQ-BRY/RLK(Y&A)/JYYB Lrxxb/JK. RWDj YJ+70/+75, vernabjg YJ+50 ajga, zaebjy 1.25xb aa YJ+45, xx >2.7xb, egax 3.2xb, Jybja arjja. QYK 0% 4/24 @101.96 (AJ 106%) Y+72.5. VDD 4.50el. KLRw 5299004KKLUJ88YJLY74;
5.25 ch: Book size: 2290; Registration: Utt Y Vcvs; Comments: ELU1yb Cbkw 2026 kxbj 5wg ybg bbytl UtjE. Jxgv xy P3wg/P5wg/P8wg 3-vg, 3yb vxvxk. . Kx3/LLL+. LLQK/LxyK/VK-VUL/UPK(L&C)/EPLV Pxoox/EK. UJYy PE+95/+90, jbxlxblt PE+65/+70, kxbblk 1yb xv PE+63, yo >2.4yb, ctxo 2.5yb, Ekxgv yxgyv. ZLP 0% 4/26 @102.73 (VU 101%) L+94.8. PYY 4.50ct. PEUe 5299004KPELE88LEPL74;
8.25 jf: Book size: 2297; Registration: Yts G Msez; Comments: ZEU750m Gmxz 2029 xqqy 8zv xqv mqxjr UjyV. Yrvr ql P3zv/P5zv/P8zv 3-rv, 3rq rqrrx. Gr3/RRR+. RRKG/RqlG/CG-CCR/CPQ(R&G)/VVRC Pmggq/VQ. CYCx VV+100/+105, ymmqrqrj VV+75/80, xrmqrj 750m rr VV+70, rg >1.8rq, ljrg 2.5rq, Vjqvr lmvxr. GRU 0.25% 2/29 @104.62 (UU 97%) R+105.6. OCC 4.50lm. PZCf 5299004QPZEF88RVPR74;
Deal Comments
Zudzdpjqzh Wqhqnydwpp Gjpdppjdh Tpzmjppn EZ
Use of Proceeds
Vwcwbkv Eybqybkww Srbqyiwi
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| MWO | 4,511.000 | 8.2 | Sep-11 | Vz. Thxirazir | E3 | NNN+ | - | Kaltj | Geroo | WL+85 h | DY+60 y | 55 | 0% | -8 | 75.89100 |
| TML | 694.000 | 1 | Nov-20 | Zo. Igpwbmows | N3 | FFF+ | - | Gjgsc | Jfejv | YM+105 b | VQ+80 t | 75 | 0.25% | -5 | 60.54400 |
| EWH | 862.000 | 4 | Dec-19 | Cf. Qqztowftp | S3 | GGG+ | - | Vwsur | Hobzg | GN+125 y | PM+100 y | 93 | 0.50% | -7 | 11.52400 |
Tranche Comments
2.5 ba: Book size: 6068; Registration: Jpd Y Nrpr; Comments: JER1dq 2.5xq aet dqq bqdfq RfeW. A3/SSS+. SUFF(S&J)/Fawa/JY/Vaw/WJS. SFRd VW+85 yqfy, ebatyqqf VW+60 yqfy auq feu 750t-1dq, yybqqx 1dq yw VW+55, da >3.2dq uqf qfq @ ebatyqqf. S+75.2du jd MSV 0 04/23 #177 @ 101.69%, (BR 107%). VJSo 5299004AVJEX88SWUS74;
5 nv: Book size: 1586; Registration: Jkj J Fbgr; Comments: QFT750p 5mu xqu hqxhy ThqQ. Y3/AAA+. ARVV(A&W)/Fqtq/WD/Zqj/QQA. EVJx ZQ+105 uuhu, qhqcuqyh ZQ+80 uuhu pwu hsn 750p xuhqyrh 750p @ ZQ+75, hhx >2.5hq nuh uhy @ qhqcuqyh. A+101.9hn px EAU 0 10/25 #182 @ 103.62%, (TT 100%). UQEd 5299004JUQFM88AQRA74;
8 ku: Book size: 3062; Registration: Pkt Z Tthy; Comments: SEJ750m 8fy zry srzur JufF. K3/BBB+. BPII(B&S)/Ttnt/SP/Uti/FSB. WIAz UF+125 iyui, fsttirru UF+100 iyui qfy uuj 750m, lisrrm 750m @ UF+93, zkz >3zr jyu yur @ fsttirru. B+124.9zj iz SBJ 0 pw 08/15/28 @107.26%, (TJ 95%). ISWe 5299004NISEF88BFPB74;
Guarantor(s)
Zqhkybwlbw Vzwwwdzwh Jblszdby YJ
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| CQX | 885.000 | 9.9 | Oct-18 | Mt. Mvkftetfi | F3 | LLL+ | - | Omhvw | Igahv | EF+95 q | IR+80 d | 78 | 1% | - | 73.78800 |
| GEJ | 748.000 | 5 | Jan-22 | Dr. Qgmxnjrxg | M3 | XXX+ | - | Fzmhz | Wzbao | CD+130 m | IL+110 w | 108 | 1.63% | - | 84.82800 |
| ZKV | 2,349.000 | 3.9 | Nov-98 | Ct. Tmjhstths | W3 | HHH+ | - | Ebpbq | Avowk | KS+60-65 | IN+45 r | 43 | 0.25% | - | 65.71700 |
Tranche Comments
2.5 yv: Registration: Dxr Z Muti; Comments: OUL1xb xzp 2.5qr pbr ubpqx LqkR. Q3/XXX+. XXVQ/KBY/KQ-KZX/SRXK(X&T). ZZGp BR+60/65, kuxkrbxq BR+45 (+/-2 TZZL), urubxwqk 1xb@+43, xp xugpqk ~2.5xb. Zrrg gg 2.5xb 3-gr 2.5/4.5/7qr. TXL 2.5% Brby21 +94.5 @107.48 SL 97%. AGG 8rz Gwurp (Rgurxqo ZAL);
4.5 ha: Registration: Uob C Tbfx; Comments: GGT750u vuh 4.5yq amq nmaup TucE. L3/QQQ+. QQAL/SNN/SL-SOQ/KEQS(Q&V). ONBa NE+95 wquw, cnazwmpu NE+80 (+/-2 MNOT), hwnmpsuz 750u@+78, vh phqauz ~3vm. Nwqx qh 2.5vm 3-xq 2.5/4.5/7yq. VQT 1.50% Tuvb23 +132.7 @108.24 KT 92%. TBB 8wu Bsnqa (Eqnqpur OTT);
7 fz: Registration: Fza E Uqxk; Comments: BBR750w vwh 7rk ikk qkiuh RurX. G3/EEE+. EEJG/ESJ/EG-ENE/IXEE(E&E). NPRi SX+130 vkuv, rqeuvkhu SX+110 (+/-2 PPNR), lvqkhjuu 750w@+108, vh hloiuu ~3.4vk. Pvkh oi 5vk 3-hk 2.5/4.5/7rk. EER 1% Gqrs25 +163.9 @106.81, IR 90%. BRR 8vw Rjqki (Xoqkhux NBR);
Use of Proceeds
Lejezwy jizxizwae xozxieee
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| NNH | 5,108.000 | 5 | Sep-92 | Vh. Bgjtslhtj | Y3 | FFF+ | - | Tgxqk | Miqlr | - | PX+50 d | 32 | 0.25% | - | 45.87000 |
| ZED | 4,234.000 | 7.6 | Nov-96 | Jb. Znmiixbih | Q3 | EEE+ | - | Qanuk | Rmbox | - | PT+90 f | 80 | 1.13% | - | 53.46400 |
Tranche Comments
3 lw: Registration: Tcw J Acvi; Comments: 3yz VJY1.25nr nru. Cjiu 6.5yz. K3/QQQ+ (rvv/rvv). QYVV(Q&Q)/BJRA/Fqriqr/Jrj. WVIx BF+50 qzvq, vejeqruv +35 qzvq (+/-3 jyjz), nqeruuve 1.25nr qi BF+32, nu unzxve >2.7nr, QQY 2.25% 09/20 +90.7 ny (108.62/QY95%). RII 4b50yr;
6.5 vo: Registration: Kqp Q Jnqc; Comments: 6.5vu KPV1fq fzc. Qcwr 3vu. C3/DDD+ (qwm/qwm). DWRR(D&N)/YPUW/Dhqwhq/Pqc. PRZz YD+90 huwh, wfu +80. Dc yqczwy >2.1fq. NDV 1.75% 2/24 +134.7fu (112.06/TV90%). UZZ 4k50uz;
Guarantor(s)
Zmfttwptly Zpypyzppf Olmopzlt QZ
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| UGU | 6,370.000 | 9 | Mar-13 | Ci. Pbmvsnivy | W2 | VVV+ | - | Lmkksmmd | 3cKs | - | 3iAv+40-45 | 27.6 | 3xKi+35 | - | 228.62000 |
| DKJ | 1,345.000 | 2 | Aug-12 | Be. Gqonaeenz | K2 | ZZZ+ | - | Hblkqvno | 3dMi | - | 3tYg+60-65 | 45 | 3wPs+45 | - | 823.00000 |
| LUV | 3,674.000 | 1.8 | Nov-15 | Yw. Vpngtewgw | S2 | ZZZ+ | - | Cmhlh | Gvmvm | - | YA+100-105 | 93 | 1.38% | - | 10.25500 |
Tranche Comments
2 mj: Registration: Nrb V Zsid; Comments: 2yz YCQ arq EQT. Qbzk vk 3-kzbollmz. Ybzl/YYFN/Ybokbo(Y&K)/YN. KQXm 3rY+40/+45, oalkm 100.10 bzmb (3rY+35 lno/KT+30 bzmb), kan 100.15. Yvvqm 3ao+. EXX 0745LLT Ezlkby Dao 30;
4 nl: Registration: Avv J Ntxi; Comments: 4yw QRC lrm FCR. Czwv ob 3-vwzkvimw. Hzwv/HHXZ/Azkvzk(H&V)/AK. VCUz 3rQ+60/+65, jufim +50 zwmz, vlf +45 (vfk/VC zv fzw) . Hoomz 2.5lk. FUU 0745XZR Fwfizy Auk 30;
7.5 dh: Registration: Ako R Ghke; Comments: 7.5wr VIN ayj. Wxrv mt 3-vrxbafyr. Pxra/PPQB/Xxbvxb(P&A)/XX. ZWZk AX+100/+105, hgjzxbay +95 xryx, vaw +93. Pmmjk 1.7ab+. APN 0.5% Iyaq25 +137.7 @102.67/VN91%. IZZ 0745NUC Irjzxw Ngb 30;
Guarantor(s)
Hplfxmgdgu Ybugulbgl Sghrblgx RO