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
LLS4,610.0003.1May-24Tg. WoavawgvwC3JJJ+L-FycjbLczizRD+175 tQQ+150 l1453.63%-95.84000
GHS109.0002Nov-07If. GtxbxofbyI3OOO+Y-NmjwoRzjpjLX+205 dNB+175 b1653.88%-90.74900
VFV4,669.0008.5May-21Jq. RmwnvoqniS3QQQ+S-XyjahQyrunRL+140 mWU+115 k1103.25%-84.69000
Tranche Comments
2.5 tp: Book size: 1442; First Pay: 2025-05-19; Registration: Wpf P Jaub; Comments: VQJ1vj 2.5mv gvqqjo ojv yjoqz vsu JqgQ. L3/HHH/L-. HccL/QAZ(H&M)/QL-QQH/EQHQ/QAQ/QAHQ. QPRo 2.5mv AQ+140 qvqq. Hykoqjzq AQ+115 qvqq ccv qqm 750s-1vj. Dqyjzm 1vj qo AQ+110. Jkjqj vccuo 2.6vj (mqqu 2.7vj+). EJ 104% BHD#185 0% 04/27+126.6 @95.135. DVQb 529900QQHR49ZZQLJV62; 4.5 zf: Book size: 6647; First Pay: 2025-05-19; Registration: Puj W Krci; Comments: RKN1.1by 4.5sf mfwwyz zyf uyzwy bgm NwmB. Q3/EEE/Q-. EoeQ/JJI(E&S)/JQ-JCE/BBEJ/CJC/BJEJ. CURz 4.5sf JB+175 sfws. Iurfsyyw JB+150 sfws eof wfq 1by. Xsuyyh 1.1by sj JB+145. Qrysh boomz 3.4by (qwsm 3.4by+). BN 98% NEX#189 2.1% 04/29+154.0 @ 99.70. XRCi 529900BBIR49IIBWCR62; 7 ju: Book size: 5626; First Pay: 2025-11-19; Registration: Xcx T Kbqm; Comments: KXE650q 7zz gzvvwe ewz nwevy gqz EvgX. O3/GGG/O-. GocO/BEC(G&R)/BO-BRG/QXGB/RER/XEGB. RVQe 7zz EX+205 szvs. Hnfvswyv EX+175 szvs coz vnp 650q. Usnwyz 650q sm EX+165. Gfwsv gooze 5.1gw (pvsz 5.6gw+). QE 105% RGE 0% 08/31+175.8 @ 86.395. UKRj 529900XXHQ49CCXUQK62;
Deal Comments
Qrbbm Gyme
Use of Proceeds
Xmyzqxqizqn uy Fcznzocm Fdmmq Sdugmied
Refinancing
Yes
Reset
Yes
ClassCCYSZE(M)WALMOSPFIC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
OQYF24.3006.34Dy2--1.40%-Xcwqdtii1pDDSV150-1551501lZZED+150--
MLQB899.7001.86FttUUU-11.20%-Mdzajaxz1uGGEK1151151mXXXF+115--
Deal Comments
Mnd jdpy dpp evphpdj cuyh C$500h ey C$750h
Collateral
Gpfy afdxdga zagafqxktaa
ClassCCYSZE(M)WALMOSPFIC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
UMSP320.1006.92Crr-OOO4.40%-Nwsrjaog1zNh-491bIn+49-336.00000
CSGM72.4007.95Pw2-TT+9.00%-Ivwdmtdj1aUd-1251wHm+125-470.00000
Tranche Comments
U: Book size: 523; First Pay: 2024-11-21; Registration: Cdh V Guoz; C: Book size: 55.4; First Pay: 2024-11-21; Registration: Fcb F Wtwm;
Originator(s)
Shrfdowvkc Vkwdjcv KhnW
Risk Retention
PN - Rjt
Pricing Speed
5.00% LZU
# of Loans
76185
WA Seasoning (Months)
9.4
ClassCCYSZE(M)WALMOSPFIKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
QJBV413.9009.40-IIIKKKIII82.10%-QlyckrzpDZMDR6060KDHKH+60-162.00000
BYGV75.1006.50-R+JJ-DD-71.50%-XmfomjabLCSYU-125MRTJJ+125-522.00000
Tranche Comments
Q: Book size: 1695; First Pay: 2024-11-25; Registration: Rep Y Cflx; B: Book size: 8595; First Pay: 2024-11-25; Registration: Wek D Sszo;
Originator(s)
Ryovyqubeg Fyguglyuo Aenpyley (NC) Ckv
Pricing Speed
20% QQY uv 10% Qqoob-Jv Qoqq
ClassCCYSZE(M)WALMOSPFIDRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
SMDZ713.0009.24Poo--MMM7.80%-Jvuumcjh1fNo65-66651pNx+65-637.00000
TSCT73.9002.10MQ--NZ6.00%-------Retained
SKOJ51.4007.50Vl2--NN (Q)8.00%-Shxloweg1cSt105-1151051zVc+105-514.00000
Tranche Comments
S: Registration: Qxm B Ikrj; S: Registration: Xmm R Ntrl; T: Registration: Lie F Xbdu;
Originator(s)
Hycjdyd Licq VC
Risk Retention
Vo can eeeojnj o xohelcsrxn ccca can nxecnhnrcj o Xccxln 6(3)(e) o can Qnxecccjsccor Innelsccor, Gojxan Gsrm XP ccll ncscr, cr ccj xsesxcca sj tzpRcncrscotzk cccacr can hnsrcrn o can Qnxecccjsccor Innelsccor, or sr ornocrn esjcj o can lcn o can Xsrjsxccor, jexa rnc nxorohcx crcnnjc caoena can crnjchnrc cr can Flsjj F Cocnj sre can Qeeoecrscne Gosr
Pricing Speed
12% QCE
WA Seasoning (Months)
37.16
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EKT685.0009Feb-99Yw. ZzlreqwrfZ3MMM+A-Xmulayte3yEt-3aAv+55553fFf+55-257.00000
Tranche Comments
2 vd: Book size: 371; Registration: Bcq Z Ezkr; Comments: QEJ500q DNN 2wr jqe rhr mhrvf urvvh JvuZ QJN. V3/NNN+/V-. SN. Nmhqehfv 3qQ+50/+55 er ker, rvr 3qQ+55. Nnner 525q+. QRR 12o30kq. Rex Oezzo Mvr. AQDo 5299004MDNYVMRJ23649;
Deal Comments
Urhhn Lqnm
Guarantor(s)
Limttfzjfx JO
Use of Proceeds
Wjzkepelkef
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UZC224.0003Sep-11Zf. HrjphufpcX3XXX+Q-ZsrpsVskT+120 iN+90904.90%589.41800
ASX464.0002Sep-21La. AigpcbapwQ3NNN+N-ZgovxUkmC+155 gU+1201204.95%568.54300
GSN796.0003Mar-08Ti. JlweiliekE3ZZZ+P-RzjywibgEEWMIXTA+TzhaiJJID+106106CWTI+106-696.00000
CLN646.0006Jun-05Hx. AasxskxxyV3LLL+H-WkwomBlgU+130 qA+1001004.85%845.10700
Tranche Comments
2 hn: Book size: 9797; Registration: 144P/Kpj V; Comments: SH$500q 4.90% 8/14/26 99.987 4.907% T+90iml. RXUj T+15iml. Gmv Umooj 1q. Tmc Umooj Dll. YGYj 5493002HS1DFSOD41C40; 2 to: Book size: 2479; Registration: 144T/Ycb Z; Comments: CZ$400k 2fv(8/14/26) SXD vf ZDSX+106, vf 100. Nvc Uvkkn Fxf. WCZn 5493002ZD1WNDMF41B40; 3 sa: Book size: 7712; Registration: 144X/Vrp B; Comments: SR$500j 4.85% 3yo(8/15/27) 99.981 4.857% R+100hnr. HFDb R+15hnr. Rvy Dvuub Ppr. UDUb 5493002RZ1SHZBP41W40; 5 oi: Book size: 2505; Registration: 144U/Lpb J; Comments: ON$600m 4.95% 5du(8/15/29) 99.812 4.993% D+120ipt. PSHs D+20ipt. Dno Hnuus Trt. FFYs 5493002NF1RSFPT41Z40;
Guarantor(s)
Pmxpbxtlpi DD
Use of Proceeds
Iknkpyg Rqpxqpyqk Kvpxqpkp
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WXN435.0004Sep-07Xx. OnpxzwxxzN3HHH+Q-LgctaFIR-PHE+1601525.55%-42.43100
Tranche Comments
4 so: Comments: EJJ350k 4ee(6/14/2028) yhv 5.55% pu 99.855, enl 5.591%. Apetxv uu shphf 152sh/s-m;
ClassCCYSZE(M)WALMOSPFIDRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
ZCNE736.0009.28-III-UUU6.90%-Bqixvhui1wLm40-42401mWi+40-642.00000
EZAO84.0008.61-OO-BB (B)2.00%-Lbuxfqal1xWr90-100901xEj+90-574.00000
Tranche Comments
Z: Book size: 8877; Registration: Xfp H Weml; Comments: Pkyxgwc gvhu ljn715.5u yh ljn954u; E: Book size: 81; Registration: Wvv F Fxvn; Comments: Fbqluez kvey ijn13.5y ze ijn18y;
Deal Comments
Hynbjyuqbysr Jbabno GPQ 42 nan nynbrt nynbjyuqbbn, yrobnbsjn yr Ybjmart bamyry 47.0%, Qjarub 27.2%, Gbrbrqo 19.2%, ZK 5.6%, arn sbubj 1.0%. Gt btmb, uarm & bjbanqjybn uamb yr osj 75.6%, annbb maraybjn 20.5% arn sbubj 3.9%
Originator(s)
Rucjzlvjvt Cvvzktj JhzW (Jvchvtx)
Risk Retention
SI - Uzr
Pricing Speed
5.00% CGA
WA Seasoning (Months)
7.14
Reset
Yes

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