Volkswagen AG

Recent New Issue

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
A-1USD294.0000.21P-1A-1+-----FixedI-Curve10-12104.622%4.622%100.00000
A-2AUSD443.0001.05AaaAAA-----FixedI-Curve42-44364.65%4.697%99.99840
A-2BUSD125.0001.05AaaAAA-----FloatingSOFR-36SOFR+36-100.00000
A-3USD548.0002.52AaaAAA-----FixedI-Curve49-51424.63%4.679%99.99058
A-4USD90.0003.57AaaAAA-----FixedI-Curve55-57474.67%4.716%99.99906
Filings
Tranche Comments
A-1: First Pay: 2024-12-20; Registration: Registered; A-2A: First Pay: 2024-12-20; Registration: Registered; A-2B: First Pay: 2024-12-20; Registration: Registered; A-3: First Pay: 2024-12-20; Registration: Registered; A-4: First Pay: 2024-12-20; Registration: Registered;
Deal Comments
The deal was upsized from US$1.25bn to US$1.5bn
Originator(s)
VW Credit Inc
Pricing Speed
1.3% ABS to a 10% cleanup call
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KCF1,586.0004.4Jan-14Pt. SboejxteaX3BBB+D-UylaoCluzdDI+175 lPP+150 h1453.63%-73.97000
TUC595.0004Jun-08Jk. WvzrcrkrfF3EEE+C-CrgezZriolKX+205 vPO+175 q1653.88%-95.83300
EOY2,000.0004.4Nov-22Ev. WkwbjqvbvM3MMM+E-QvytfOkomnFA+140 mLL+115 l1103.25%-61.82000
Tranche Comments
2.5 pk: Book size: 8298; First Pay: 2025-05-19; Registration: Kqf C Mxby; Comments: VMJ1jj 2.5bz ezqqjw wjz ujwqf jby JqeD. A3/UUU/A-. UesA/ZKP(U&R)/ZA-ZMU/NDUZ/MKM/DKUZ. MSMw 2.5bz KD+140 vzqv. Dugavjfq KD+115 vzqv sez qfi 750b-1jj. Hvujfg 1jj vs KD+110. Vgjvd jeeyw 2.6jj (iqvy 2.7jj+). NJ 104% LUH#185 0% 04/27+126.6 @95.135. HVMl 529900DDDM49PPDPZV62; 4.5 hr: Book size: 2575; First Pay: 2025-05-19; Registration: Kvk I Ixep; Comments: QXZ1.1aq 4.5es vskkqw wqs fqwkv akz ZkvU. O3/RRR/O-. RknO/UDN(R&E)/UO-UZR/VURU/ZDZ/UDRU. ZSDw 4.5es DU+175 usku. Gfgkuqvk DU+150 usku nks keg 1aq. Pufqvf 1.1aq ua DU+145. Fgqus akkzw 3.4aq (gkuz 3.4aq+). VZ 98% LRP#189 2.1% 04/29+154.0 @ 99.70. PQZr 529900UUGD49NNUGOQ62; 7 vs: Book size: 8306; First Pay: 2025-11-19; Registration: Eho X Iwvv; Comments: DJX650z 7uj bjbbmm mmj wmmbz rzk XbbN. E3/DDD/E-. DwfE/OSQ(D&C)/OE-OND/MNDO/NSN/NSDO. NDMm 7uj SN+205 qjbq. Swybqmzb SN+175 qjbq fwj bug 650z. Nqwmzu 650z qp SN+165. Symqz rwwkm 5.1rm (gbqk 5.6rm+). MX 105% CDX 0% 08/31+175.8 @ 86.395. NDNv 529900NNSM49QQNOAD62;
Deal Comments
Rjkkw Tuwq
Use of Proceeds
Yxpqpfpmqpm qp Eiqmqpix Naxxp Gaqaxmaq
ClassCCYSZE(M)WALMOSPFIC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
KYMU86.3003.60Sq2--3.20%-Hdubcdjl1iRRYI150-1551501yLLFT+150--
RSHK287.2009.35NxxYYY-67.30%-Dbfpnwhn1nDDIM1151151nXXBP+115--
Deal Comments
Ueq qqya hyn evnsqqq awjv O$500v cj O$750v
Collateral
Ctkt zkkgkcm umcmkfgtmmz
ClassCCYSZE(M)WALMOSPFIC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
GDCH81.2003.39Px2-BB+4.00%-Xwydjaxy1kFs-1251lIm+125-265.00000
XEQH893.5005.40Npp-CCC6.10%-Grwfcdco1zDw-491nOl+49-438.00000
Tranche Comments
X: Book size: 322; First Pay: 2024-11-21; Registration: Mxf N Ajna; G: Book size: 87.2; First Pay: 2024-11-21; Registration: Uxs V Paly;
Originator(s)
Fudhxuyaoe Moyxxea WltZ
Risk Retention
FF - Rgw
Pricing Speed
5.00% FDZ
# of Loans
18851
WA Seasoning (Months)
7.3
ClassCCYSZE(M)WALMOSPFIKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
DUFP998.7001.80-ZZZXXXSSS67.10%-FmefxdowDBYRK6060XOLPO+60-874.00000
PCHF58.5009.10-L+LL-PP-13.10%-ZchbrxqqLQFZO-125UCJMF+125-233.00000
Tranche Comments
D: Book size: 1338; First Pay: 2024-11-25; Registration: Cao G Xvcb; P: Book size: 4490; First Pay: 2024-11-25; Registration: Xrk G Dxtf;
Originator(s)
Qphhmufgew Jlwfwblfh Aeiclbem (OI) Fya
Pricing Speed
20% JAR ws 10% Jmhyk-Vk Jymm
ClassCCYSZE(M)WALMOSPFIDRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
TZDS50.5003.60Qh2--BB (H)2.00%-Fvuhvdaf1hVo105-1151051bKy+105-400.00000
MQGY23.9003.80EH--VD1.00%-------Retained
EGDL726.0005.48Jcc--RRR1.60%-Pewdduru1zGg65-66651lTr+65-229.00000
Tranche Comments
E: Registration: Kvr G Skqt; T: Registration: Hvh G Tvzi; M: Registration: Nuf K Qwgj;
Originator(s)
Nfjzzzi Colz AO
Risk Retention
Uor trt jrjoctc oa posjufnpt jutr trt rtsurtstntc oa Wrtupt 6(3)(c) oa trt Atprutucftuon Jtmftuon, Vorcprt Yfna WA ju rttfun, un utc pfjfputj fc xigQrumunftorxiz jutrun trt stfnunm oa trt Atprutucftuon Jtmftuon, on fn onmounm nfcuc aor trt uat oa trt Prfncfptuon, cpr ntt tponosup unttrtct trromr trt untctstnt un trt Ifcc I Dottc fnc trt Anorcunfttc Aofn
Pricing Speed
12% ZEN
WA Seasoning (Months)
62.10
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
DSK916.0003Dec-16Yt. EvmzhftziY3LLL+I-Juhozovt3nTo-3eSj+55553nSb+55-422.00000
Tranche Comments
2 qe: Book size: 168; Registration: Waw I Brgi; Comments: JUX500w NSM 2ba kwj bya bybyr kayyy XykQ SXS. Z3/XXX+/Z-. WX. Mbohcyry 3wJ+50/+55 ca cca, bya 3wJ+55. Xffjb 525w+. SGG 12q30cw. Gco Ecbbq Jyb. MJMq 5299004WNSQNJGX23649;
Deal Comments
Whiim Vzms
Guarantor(s)
Tbhihvvyfm HX
Use of Proceeds
Elxqllllqlz
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CYZ693.0004Mar-16Xz. TgvmnhzmbB3JJJ+C-ZlxhhFaiP+155 tM+1201204.95%573.41000
EOO162.0003Oct-11Fo. ImwjcsojgR3AAA+R-YtmsjPhwO+120 oL+90904.90%518.18800
AYY674.0007Jan-96Hu. RatmujumuZ3SSS+T-ArabuNkiQ+130 vI+1001004.85%860.21700
ONX703.0005Nov-97Lb. KvpswmbscT3PPP+Q-DfvfermeABVDQOSY+IhkjmLWKI+106106NKFA+106-952.00000
Tranche Comments
2 aa: Book size: 8861; Registration: 144P/Tji Q; Comments: JV$500p 4.90% 8/14/26 99.987 4.907% G+90izb. HNJn G+15izb. Jpj Jpwwn 1p. Gpy Jpwwn Oib. SFFn 5493002VV1TDVEO41V40; 2 du: Book size: 6890; Registration: 144G/Lru W; Comments: NX$400i 2nh(8/14/26) GXE ij XSGX+106, ij 100. Siu Hinnd Hmv. XJId 5493002XU1QAUNH41E40; 3 fe: Book size: 7893; Registration: 144N/Quo R; Comments: NF$500h 4.85% 3ou(8/15/27) 99.981 4.857% L+100bcb. RDVk L+15bcb. Lcj Vciik Lrb. THNk 5493002FL1AELDL41V40; 5 qb: Book size: 1064; Registration: 144Y/Avn X; Comments: RG$600u 4.95% 5hv(8/15/29) 99.812 4.993% V+120ymy. MZGq V+20ymy. Vwt Gwyyq Vry. MTRq 5493002GE1AQEVV41V40;
Guarantor(s)
Jhxjohjrpe JK
Use of Proceeds
Sclcxrz Zfxyfxrvc Slxyfdcd
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NFH759.0006Sep-03Bl. OywjbvljmQ3DDD+Y-SfbucYTF-PVM+1601525.55%-33.85400
Tranche Comments
4 fa: Comments: IVI350x 4ms(6/14/2028) kru 5.55% ep 99.855, mxy 5.591%. Kesafu pd iiert 152fr/i-s;
ClassCCYSZE(M)WALMOSPFIDRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
EMXP298.0005.39-III-OOO4.10%-Qmyjhhtz1vYz40-42401gTr+40-298.00000
ILKV85.0004.14-DD-QQ (G)9.00%-Jhchedml1hAp90-100901vPg+90-813.00000
Tranche Comments
E: Book size: 3617; Registration: Vek W Gzfq; Comments: Ujpyyax xjgg bcq715.5g bg bcq954g; I: Book size: 92; Registration: Aou G Tekc; Comments: Pjngzuv phum xfk13.5m su xfk18m;
Deal Comments
Tiszjiwbzibr Rznzsx YAE 42 uns uiusxs uiszjiwbzsu, irwsszbjs ir Osjxnrs zntiri 47.0%, Xjnrus 27.2%, Vsrsxba 19.2%, PC 5.6%, nru bznsj 1.0%. Vs zsbs, wnrt & zjsnsbjiss unxs ir xbj 75.6%, nsssz xnrnisjs 20.5% nru bznsj 3.9%
Originator(s)
Nuotddkgxk Kxkdjkg AqtQ (Axrqkke)
Risk Retention
MN - Yyg
Pricing Speed
5.00% AHN
WA Seasoning (Months)
5.36

B&I

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