February 11, 2013
Volkswagen Leasing is preparing a MXP2bn ($157m) bond issuance in Mexico's
Volkswagen Leasing is preparing a MXP2bn ($157m) bond issuance in Mexico's domestic market. The auto lender is expected to price the floating-rate deal of up to four years on March 20. HSBC and Banamex are managing the deal, rated AAA on a local scale. The issuer priced a MXP2.5bn 2015 domestic bonds at TIEE+40bp in November last year.