Kapitalmarkt-/Einlagen/ABS-Refinanzierung
Refinanzierungsquellen per 31. Dezember 2020
Funding Strategie
Grundlegendes Ziel unserer Refinanzierungsstrategie ist es - auch angesichts eines überproportional starken Wachstums in einzelnen Märkten - unsere Refinanzierungskosten zu optimieren. Das erreichen wir durch die folgenden Schwerpunkte.
- Steigender Anteil der Refinanzierung über die Kapitalmärkte
Nicht zuletzt ist dies auch eine konsequente Reaktion auf die zunehmende Konsolidierung im Bankensektor, die eine Verknappung und Verteuerung von Kreditlinien mit sich brachte. - Einsatz breit gefächerter Finanzierungsinstrumente
Die Sicherung unseres Wachstums einerseits und die (Re-)Finanzierung zu bestmöglichen Konditionen andererseits, erfordert den Einsatz eines vielseitigen Instrumentariums. Unser Spektrum reicht von Commercial Papers über die Begebung von Anleihen in verschiedenen Märkten und Währungen bis hin zu Asset-Backed Securities (ABS). Durch unsere Präsenz in unterschiedlichen Marktsegmenten profitieren wir von den jeweils attraktivsten Konditionen. - Einbeziehung von Mitteln, die unabhängig vom Unternehmensrating sind
Die Direktbankeinlagen unserer Kunden sind unabhängig von Agency Ratings. Bei ABS-Tranchen werden die zugrunde liegenden Forderungen und nicht das Unternehmensrating herangezogen. Mit diesen Emissionen haben wir jeweils Triple-A Ratings erzielt, was ihre hohe Qualität belegt. Zusammen stellen diese Refinanzierungsquellen bereits mehr als ein Viertel unserer Bilanzsumme dar. Unser Bestreben ist es, diesen Anteil auszuweiten. - Erschließung neuer Investorenkreise
Durch die Emission eines so genannten Samurai Bonds haben wir nicht nur eine zusätzliche Finanzierungsquelle erschlossen, sondern auch eine geographische "Diversifikation der Investorenbasis" erzielt. - Einsatz von Kapitalmarktderivaten
Selbstverständlich beobachten wir die Entwicklung der Zinsstrukturkurve, um günstige Refinanzierungssätze auszunutzen. Um stets die Fristenkongruenz mit unserem laufenden Geschäft zu erzielen, setzen wir gezielt Finanzderivate wie z.B. Zinsswaps ein.
Daueremissionsprogramme
In der nachfolgenden Übersicht erhalten Sie Informationen über die Daueremissionsprogramme der Volkswagen Financial Services AG und ihrer jeweiligen Tochtergesellschaften.
-
€ 50 Mrd. Debt Issuance Programme
Issuer Volkswagen Financial Services AG
Volkswagen Leasing GmbH
Volkswagen Financial Services N.V.
Volkswagen Financial Services Japan Ltd.
Volkswagen Financial Services Australia Pty Ltd.Guarantor VOLKSWAGEN FINANCIAL SERVICES AG Arrangeur UNICREDIT BANK Dealers
Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A., Barclays Bank Ireland PLC, BNP Paribas, BofA Securities Europe SA, Cititgroup Global Markets Europe AG, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Danske Bank A/S, Deutsche Bank Aktiengesellschaft, HSBC Continental Europe, J.P. Morgan SE, Landesbank Baden-Württemberg, Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH, Mizuho Securities Europe GmbH, MUFG Securities (Europe) N.V., NatWest Markets N.V., RBC Capital Markets (Europe) GmbH, Skandinaviska Enskilda Banken AB (publ), SMBC Bank EU AG, Société Générale, UniCredit Bank AG
Issuing + Paying Agent CITIBANK, N.A. Download
€ 50 Mrd. Debt Issuance Programme15.09.2022 € 50 Mrd. Debt Issuance Programme1. Nachtrag zum Basisprospekt vom 15. September 202227.03.2023 1. Nachtrag zum Basisprospekt vom 15. September 20222. Nachtrag zum Basisprospekt vom 15. September 202211.05.2023 2. Nachtrag zum Basisprospekt vom 15. September 2022Basisprospekt 2021 (24.06.2021)24.06.2021 Basisprospekt 2021 (24.06.2021)Basisprospekt 2020 (17.06.2020)17.06.2020 EUR 35 bn Debt Issuance ProgrammeBasisprospekt 2019 (06.06.2019)
06.06.2019 Basisprospekt 2019 (06.06.2019)Basisprospekt 2018 (26.06.2018)
26.06.2018 Basisprospekt 2018 (26.06.2018)Basisprospekt 2017 (28.06.2017)
28.06.2017 Basisprospekt 2017 - 1. Nachtrag (05.12.2017)Basisprospekt 2016 (05.08.2016)
05.08.2016 Basisprospekt 2016 (05.08.2016)Basisprospekt 2015 (11.06.2015)
11.06.2015 Basisprospekt 2015 (11.06.2015)Basisprospekt 2014 (12.06.2014)
12.06.2014 Basisprospekt 2014 (12.06.2014)Basisprospekt 2013 (12.06.2013)
12.06.2013 Basisprospekt 2013 (12.06.2013)Basisprospekt 2012 (06.06.2012)
06.06.2012 Basisprospekt 2012 (06.06.2012) -
PLN 3 Mrd. Debt Instrument Issuance Programme
Issuers Volkswagen Financial Services Polska Sp. z o.o. Guarantor Guarantor for Volkswagen Financial Services Polska Sp. z o.o. Debt Instruments
- Volkswagen Financial Services AGArrangeur Bank Polska Kasa Opieki S.A. Dealers mBank S.A. Bank Handlowy w Warszawie S.A. Intesa Sanpaolo S.p.A. Santander Bank Polska S.A. Paying Agent ING Bank Download
PLN 3 Mrd. Debt Instrument Issuance Programme06.08.2008 PLN 3 Mrd. Debt Instrument Issuance Programme -
EUR 7.5 Mrd. Multi-Currency Commercial Paper Programme
Issuer Volkswagen Financial Services AG
Volkswagen Leasing GmbH
Volkswagen Financial Services N.V.
Volkswagen Finans Sverige AB (publ)
SkoFIN s.r.o
Volkswagen Financial Services Australia Pty LimitedGuarantor Volkswagen Financial Services AG (für Volkswagen Leasing GmbH,
Volkswagen Financial Services N.V., SkoFIN s.r.o und Volkswagen Financial Services Australia Pty Limited)Arrangeur Citigroup Dealers Bank of America Merrill Lynch
BayernLB
BNP Paribas Fortis
Commerzbank
Citigroup
Crédit Agricole CIB
Danske Bank
DNB Bank
DZ BANK AG
Handelsbanken Capital Markets
ING
The Royal Bank of Scotland plc (trading as NatWest Markets)
Nordea
SEB
Swedbank
Bred Banque Popularie S.A.Paying Agent Citibank, N.A., London Branch Download
€ 7.5 Mrd. Multi-Currency Commercial Paper Programme10.07.2020 € 7.5 Mrd. Multi-Currency Commercial Paper Programme -
JPY 60 Mrd. Electronic Commercial Paper Programme
Issuer Volkswagen Financial Services Japan Ltd. Guarantor Volkswagen Financial Services AG Arrangeur The Bank of Tokyo-Mitsubishi UFJ, Ltd. Dealers The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Sumitomo Mitsui Banking Corporation
Mizuho Corporate Bank, Ltd.Paying Agent The Bank of Tokyo-Mitsubishi UFJ, Ltd. Download
JPY 60 Mrd. Electronic Commercial Paper Programme17.10.2022 JPY 60 Mrd. Electronic Commercial Paper Programme -
AUD 5 bn Debt Issuance Programme
Issuer VOLKSWAGEN FINANCIAL SERVICES AUSTRALIA PTY LIMITED Guarantor Volkswagen Financial Services AG Arrangeur Australia and New Zealand Banking Group Limited, Citigroup Global Markets Australia Pty Limited Dealers Australia and New Zealand Banking Group Limited, Citigroup Global Markets Australia Pty Limited,
Commonwealth Bank of Australia, Deutsche Bank AG (Sydney Branch), Merrill Lynch (Australia) Futures Limited,
Royal Bank of Canada, The Hongkong and Shanghai Banking Corporation Limited (Sydney Branch)Paying Agent Austraclear Download
AUD 5 Mrd. Debt Issuance Programme22.03.2019 AUD 5 Mrd. Debt Issuance Programme -
MXN 20 Mrd. Dual Capital Market Programme
Issuer Volkswagen Leasing S.A. de C.V. Guarantor Volkswagen Financial Services AG Arrangeur HSBC Casa de Bolsa, S.A de C.V., Casa de Bolsa Santander, S.A de C.V. Dealers HSBC Casa de Bolsa, S.A de C.V., Casa de Bolsa Santander, S.A de C.V. Paying Agent The Bank of New York Mellon Mitteilung zur Erhöhung auf MXN 20 Mrd. Dual Capital Market Programme11.09.2014 Mitteilung zur Erhöhung auf MXN 20 Mrd. Dual Capital Market ProgrammeMXN 15 Mrd. Dual Capital Market Programme28.11.2007 MXN 15 Mrd. Dual Capital Market ProgrammeSupplement 200924.02.2009 Supplement 2009Supplement 201209.03.2012 Supplement 2012 -
MXN 7 Mrd. Debt Issuance Programme
Issuer Volkswagen Bank S.A. Guarantor Volkswagen Financial Services AG Arrangeur HSBC Casa de Bolsa, S.A de C.V., Casa de Bolsa Santander, S.A de C.V. Dealers HSBC Casa de Bolsa, S.A de C.V., Casa de Bolsa Santander, S.A de C.V. Paying Agent The Bank of New York Mellon Download
MXN 7 Mrd. Debt Issuance Programme17.02.2012 MXN 7 Mrd. Debt Issuance Programme
Unternehmensanleihen
Nachfolgend finden Sie eine Übersicht ausstehender Anleihen aller Emittenten des Daueremissionsprogramms der Volkswagen Financial Services AG.
-
Volkswagen Financial Services AG
Fälligkeit: 06.04.2023; WHG+Betrag: EUR 650 mZinssatz: 2.500%; WKN: A2LQ6H; ISIN: XS2152058868
06.04.2020 Fälligkeit: 06.04.2023; WHG+Betrag: EUR 650 m
Zinssatz: 2.500%; WKN: A2LQ6H; ISIN: XS2152058868
Fälligkeit: 12.04.2023; WHG+Betrag: EUR 750 mZinssatz: 0.875%; WKN: A2LQJ1; ISIN: XS1806457211
10.04.2018 Fälligkeit: 12.04.2023; WHG+Betrag: EUR 750 m
Zinssatz: 0.875%; WKN: A2LQJ1; ISIN: XS1806457211Fälligkeit: 16.10.2023; WHG+Betrag: EUR 850 mZinssatz: 1.375%; WKN: A2LQ6B; ISIN: XS189363133012.10.2018 Fälligkeit: 16.10.2023; WHG+Betrag: EUR 850 m
Zinssatz: 1.375%; WKN: A2LQ6B; ISIN: XS1893631330Fälligkeit: 10.04.2024; WHG+Betrag: EUR 300 mZinssatz: 3-Month EURIBOR + 70 bps; WKN: A2LQ6V; ISIN: XS2573948168
06.01.2023 Fälligkeit: 10.04.2024; WHG+Betrag: EUR 300 m
Zinssatz: 3-Month EURIBOR + 70 bps; WKN: A2LQ6V; ISIN: XS2573948168Fälligkeit: 01.10.2024; WHG+Betrag: EUR 1,000 mZinssatz: 1.500%; WKN: A2LQ6F; ISIN: XS1972548231
28.03.2019 Fälligkeit: 01.10.2024; WHG+Betrag: EUR 1,000 m
Zinssatz: 1.500%; WKN: A2LQ6F; ISIN: XS1972548231Fälligkeit: 31.01.2025; WHG+Betrag: EUR 1 Mrd.Zinssatz: 0.250%; WKN: A2LQ6T; ISIN: XS2438615606
27.01.2022 Fälligkeit: 31.01.2025; WHG+Betrag: EUR 1 Mrd. Zinssatz: 0.250%; WKN: A2LQ6T; ISIN: XS2438615606Fälligkeit: 12.02.2025; WHG+Betrag: EUR 750 mZinssatz: 0.000%; WKN: A2LQ6Q; ISIN: XS2374595127
10.08.2021 Fälligkeit: 12.02.2025; WHG+Betrag: EUR 750 m
Zinssatz: 0,000%; WKN: A2LQ6Q; ISIN: XS2374595127Fälligkeit: 06.04.2025; WHG+Betrag: EUR 700 mZinssatz: 3.000%; WKN: A2LQ6K; ISIN: XS215206220906.04.2020 Fälligkeit: 06.04.2025; WHG+Betrag: EUR 700 m
Zinssatz: 3.000%; WKN: A2LQ6K; ISIN: XS2152062209Fälligkeit: 16.10.2026; WHG+Betrag: EUR 750 mZinssatz: 2.250%; WKN: A2LQ6C; ISIN: XS1893631769
12.10.2018 Fälligkeit: 16.10.2026; WHG+Betrag: EUR 750 m
Zinssatz: 2.250%; WKN: A2LQ6C; ISIN: XS1893631769Fälligkeit: 12.02.2027; WHG+Betrag: EUR 1,000 mZinssatz: 0.125%; WKN: A2LQ6R; ISIN: XS237459504410.08.2021 Fälligkeit: 12.02.2027; WHG+Betrag: EUR 1,000 m
Zinssatz: 0.125%; WKN: A2LQ6R; ISIN: XS2374595044Fälligkeit: 01.10.2027; WHG+Betrag: EUR 650 mZinssatz: 2.250%; WKN: A2LQ6G; ISIN: XS1972547696
28.03.2019 Fälligkeit: 01.10.2027; WHG+Betrag: EUR 650 m
Zinssatz: 2.250%; WKN: A2LQ6G; ISIN: XS1972547696Fälligkeit: 31.01.2028; WHG+Betrag: EUR 1 Mrd.Zinssatz: 0,875%; WKN: A2LQ6U; ISIN: XS243861624027.01.2022 Fälligkeit: 31.01.2028; WHG+Betrag: EUR 1 Mrd. Zinssatz: 0,875%; WKN: A2LQ6U; ISIN: XS2438616240Fälligkeit: 06.04.2028; WHG+Betrag: EUR 800 mZinssatz: 3.375%; WKN: A2LQ6L; ISIN: XS215206190406.04.2020 Fälligkeit: 06.04.2028; WHG+Betrag: EUR 800 m
Zinssatz: 3.375%; WKN: A2LQ6L; ISIN: XS2152061904
Fälligkeit: 12.02.2030; WHG+Betrag: EUR 750mZinssatz: 0.375%; WKN: A2LQ6S; ISIN: XS2374594823
10.08.2021 Fälligkeit: 12.02.2030; WHG+Betrag: EUR 750 m
Zinssatz: 0.375%; WKN: A2LQ6S; ISIN: XS2374594823 -
Volkswagen Financial Services N.V.
Eine Übersicht der Unternehmensanleihen der Volkswagen Financial Services N.V. finden Sie hier.
-
Volkswagen Leasing GmbH
Eine Übersicht der Unternehmensanleihen der Volkswagen Leasing GmbH finden Sie hier.
-
Volkswagen Financial Services Japan Ltd.
-
Volkswagen Financial Services Australia Ltd.
Asset Backed Securities
Volkswagen Financial Services Japan Ltd.
-
Driver Japan nine
Trust Beneficial Interest Asset Backed Loan Initial Balance 37.5 bn JPY 22.5 bn JPY Ranking Senior Senior Initial Credit Enhancement 6.5 % 6.5 % Expected Weighted Average Lives 2.54 years 2.54 years Closing Date 27.02.2020 27.02.2020 Expected Repayment Date July 2024 July 2024 Legal Final Maturity June 2028 June 2028 Rating (Moody´s / Fitch / S&P) Aaa(sf) / AAA(sf) / AAA(sf) Aaa(sf) / AAA(sf) / AAA(sf) Coupon 0.10 % p.a. 0.10 % p.a. Denomination 100,000,000 JPY 100,000,000 JPY Payment Frequency monthly monthly Redemption sequential / pro rata
pass throughsequential / pro rata
pass throughForm TBI ABL Listing n.a. n.a. Download Main Documents
Japanese Offering Circular Driver Japan nine21.04.2020 Japanese Offering Circular Driver Japan nineEnglish Offering Circular Driver Japan nine21.04.2020 English Offering Circular Driver Japan nineNew Issue Report Fitch21.04.2020 New Issue Report FitchNew Issue Report Moody's21.04.2020 New Issue Report Moody'sNew Issue Report S&P21.04.2020 New Issue Report S&PDownload Investor Reports
Investor Report Driver Japan nine 03.2023
17.03.2023 Investor Report Driver Japan nine 03.2023Investor Report Driver Japan nine 04.2023
17.04.2023 Investor Report Driver Japan nine 04.2023Investor Report Driver Japan nine 05.2023
17.05.2023 Investor Report Driver Japan nine 05.2023 -
Driver Japan ten
Trust Beneficial Interest Asset Backed Loan Initial Balance 33.8 bn JPY 26.2 bn JPY Ranking Senior Senior Initial Credit Enhancement 6.5 % 6.5 % Expected Weighted Average Lives 2.58 years 2.58 years Closing Date 25.02.2021 25.02.2021 Expected Repayment Date July 2025 July 2025 Legal Final Maturity June 2029 June 2029 Rating (Moody´s / Fitch / S&P) Aaa(sf) / AAA(sf) / AAA(sf) Aaa(sf) / AAA(sf) / AAA(sf) Coupon 0.10 % p.a. 0.10 % p.a. Denomination 100,000,000 JPY 100,000,000 JPY Payment Frequency monthly monthly Redemption sequential / pro rata
pass throughsequential / pro rata
pass throughForm TBI ABL Listing n.a. n.a. Download Main Documents
Japanese Offering Circular Driver Japan ten25.02.2021 Japanese Offering Circular Driver Japan tenEnglish Offering Circular Driver Japan ten25.02.2021 English Offering Circular Driver Japan tenNew Issue Report Fitch25.02.2021 New Issue Report FitchNew Issue Report Moody's25.02.2021 New Issue Report Moody'sNew Issue Report S&P25.02.2021 New Issue Report S&PDownload Investor Reports
Investor Report Driver Japan ten 03.2023
17.03.2023 Investor Report Driver Japan ten 03.2023Investor Report Driver Japan ten 04.2023
17.04.2023 Investor Report Driver Japan ten 04.2023Investor Report Driver Japan ten 05.2023
17.05.2023 Investor Report Driver Japan ten 05.2023 -
Driver Japan eleven
Trust Beneficial Interest Asset Backed Loan Initial Balance31.7 31.7 bn JPY 23.3 bn JPY Ranking Senior Senior Initial Credit Enhancement 6.5 % 6.5 % Expected Weighted Average Lives 2.6 years 2.6 years Closing Date 25.02.2022 25.02.2022 Expected Repayment Date August 2026 August 2026 Legal Final Maturity June 2030 June 2030 Rating (Moody´s / Fitch / S&P) Aaa(sf) / AAA(sf) / AAA(sf) Aaa(sf) / AAA(sf) / AAA(sf) Coupon 0.11 % p.a. 0.11 % p.a. Denomination 100,000,000 JPY 100,000,000 JPY Payment Frequency monthly monthly Redemption sequential / pro rata
pass throughsequential / pro rata
pass throughForm TBI ABL Listing n.a. n.a. Download Main Documents
Information Memorandum Driver Japan eleven (EN)25.02.2022 Information Memorandum Driver Japan eleven (engl.)Information Memorandum Driver Japan eleven (JP)25.02.2022 Information Memorandum Driver Japan eleven (JP)NIR Report Fitch25.02.2022 NIR Report FitchNIR Report Moody's25.02.2022 NIR Report Moody'sNIR Report S&P25.02.2022 NIR Report S&PDownload Investor Reports
Investor Report Driver Japan eleven 03.2023
17.03.2023 Investor Report Driver Japan eleven 03.2023Investor Report Driver Japan eleven 04.2023
17.04.2023 Investor Report Driver Japan eleven 04.2023Investor Report Driver Japan eleven 05.2023
17.05.2023 Investor Report Driver Japan eleven 05.2023 -
Driver Japan twelve
Trust Beneficial Interest Asset Backed Loan Initial Balance 21.3 bn JPY 28.7 bn JPY Ranking Senior Senior Initial Credit Enhancement 6.5 % 6.5 % Expected Weighted Average Lives 2.6 years 2.6 years Closing Date 27.02.2023 27.02.2023 Expected Repayment Date August 2027 August 2027 Legal Final Maturity June 2031 June 2031 Rating (Moody´s / S&P) Aaa(sf) / AAA(sf) Aaa(sf) / AAA(sf) Coupon 0.49 % p.a. 0.49 % p.a. Denomination 100,000,000 JPY 100,000,000 JPY Payment Frequency monthly monthly Redemption sequential / pro rata
pass throughsequential / pro rata
pass throughForm TBI ABL Listing n.a. n.a. Download Main Documents
Information Memorandum Driver Japan twelve (EN)27.02.2023 Information Memorandum Driver Japan twelve (EN)Information Memorandum Driver Japan twelve (JP)27.02.2023 Information Memorandum Driver Japan twelve (JP)New Issue Report Moody's (EN)27.02.2023 New Issue Report Report Moody's (EN)New Issue Report S&P (EN)27.02.2023 New Issue Report S&P (EN)Download Investor Reports
Investor Report Driver Japan twelve 03.2023
17.03.2023 Investor Report Driver Japan twelve 03.2023Investor Report Driver Japan twelve 04.2023
17.04.2023 Investor Report Driver Japan twelve 04.2023Investor Report Driver Japan twelve 05.2023
17.05.2023 Investor Report Driver Japan twelve 05.2023
Volkswagen Financial Services (UK) Ltd.
-
Driver UK Master C2
Class A Class B Initial Balance 4,624.9m GBP 632.3m GBP Ranking Senior Junior Initial Credit Enhancement 29.20% 20.80% Expected Weighted Average Lives 2.08 years 2.16 years Closing Date 25.11.2022 25.11.2022 Expected Repayment Date Feb 2026 Feb 2026 Final Maturity Date Nov 2030 Nov 2030 Rating (Moody´s / Fitch / S&P) Aaa(sf) / AAA(sf) / AAA(sf) Aa3(sf) / A+(sf) / A+(sf) Coupon SONIA+ 0.85% p.a. SONIA+ 1.80% p.a. Denomination 100,000 GBP 100,000 GBP Payment Frequency monthly monthly Redemption sequential / pro rata
pass throughsequential / pro rata
pass throughForm Registered Notes (NSS) Registered Notes (NSS) Listing Luxembourg Stock Exchange Luxembourg Stock Exchange Download Main Documents
DUKM C2 - Final Base Prospectus - Renewal 202225.11.2022 DUKM C2 - Final Base Prospectus - Renewal 2022DUKM C2 - Rating Report Moody's - Renewal 2022
25.11.2022 DUKM C2 - Rating Report Moody's - Renewal 2022DUKM C2 - Rating Report Fitch - Renewal 202225.11.2022 DUKM C2 - Rating Report Fitch - Renewal 2021DUKM C2 - Rating Report S&P - Renewal 2022
25.11.2022 DUKM C2 - Rating Report S&P - Renewal 2022DUKM C2 - Final Verification Report - Renewal 202225.11.2022 DUKM C2 - Final Verification Report - Renewal 2022DUKM C2 - Final STS Notification - Renewal 202225.11.2022 DUKM C2 - Final STS Notification - Renewal 2022New Issue Report Moody's28.05.2019 New Issue Report Moody'sNew Issue Report Fitch28.05.2019 New Issue Report FitchNew Issue Report S&P28.05.2019 New Issue Report S&PDownload Investor Reports
Investor Report Driver UK Master C2 02.202323.03.2023 Investor Report Driver UK Master C2 02.2023Investor Report Driver UK Master C2 03.202321.04.2023 Investor Report Driver UK Master C2 03.2023Investor Report Driver UK Master C2 04.202323.05.2023 Investor Report Driver UK Master C2 04.2023 -
Driver UK Master C5
Class A Class B Initial Balance 450m GBP 52.8m GBP Ranking Senior Junior Initial Credit Enhancement 27.5 % 19.0 % Expected Weighted Average Lives 3.32 years 3.43 years Closing Date 25.03.2019 25.03.2019 Expected Repayment Date December 2023 December 2023 Final Maturity Date February 2029 February 2029 Rating (Moody´s / Fitch) Aaa(sf) / AAA(sf) Aa3(sf) / AA(sf) Coupon 1-m-LIBOR+ 0.82% p.a. 1-m-LIBOR + 1.75% p.a. Denomination 100,000 GBP 100,000 GBP Payment Frequency monthly monthly Redemption sequential / pro rata /
pass throughsequential / pro rata /
pass throughForm Registered Notes (NSS) Registered Notes (NSS) Listing Luxembourg Stock Exchange Luxembourg Stock Exchange Download Main Documents
Offering Circular Driver UK Master C520.03.2019 Offering Circular Driver UK Master C5Fitch - New Issue Report25.03.2019 Fitch - New Issue ReportMoody's - New Issue Report25.03.2019 Moody's - New Issue ReportTSI - Declaration of Undertaking25.03.2019 TSI - Declaration of UndertakingDownload Investor Reports
Investor Report Driver UK Master Compartment 5 02.202323.03.2023 Investor Report Driver UK Master Compartment 5 02.2023Investor Report Driver UK Master Compartment 5 03.202321.04.2023 Investor Report Driver UK Master Compartment 5 03.2023Investor Report Driver UK Master Compartment 5 04.202323.05.2023 Investor Report Driver UK Master Compartment 5 04.2023 -
Private Driver UK 2020-1
Class A Class B Initial Balance 601.6m GBP 70.1m GBP Ranking Senior Junior Initial Credit Enhancement 28.8 % 20.25 % Expected Weighted Average Lives 2.82 years 2.85 years Closing Date 27.04.2020 27.04.2020 Expected Repayment Date January 2026 January 2026 Legal Maturity Date June 2031 June 2031 Rating (Fitch / S&P) AAA(sf) / AAA(sf) NR Coupon SONIA + 62bp p.a. SONIA + 125bp p.a. Denomination 100,000 GBP 100,000 GBP Payment Frequency monthly monthly Redemption 24m revolving
period followed by sequential /
pro rata mechanism
pass through24m revolving
period followed by sequential /
pro rata mechanism
pass throughForm Registered Notes Registered Notes Listing Luxembourg Stock Exchange Luxembourg Stock Exchange Download Main Documents
Private Driver UK 2020-1 - Offering Circular
27.06.2022 Private Driver UK 2020-1 - Offering CircularPrivate Driver UK 2020-1 - STS Notification
27.06.2022 Private Driver UK 2020-1 - STS Notification
Private Driver UK 2020-1 - Verification Report
27.06.2022 Private Driver UK 2020-1 - Verification Report
Fitch New Issue Report - Private Driver UK 2020-127.04.2020 Fitch New Issue Report - Private Driver UK 2020-1Fitch Press Release - Private Driver UK 2020-127.06.2022 Fitch Press Release - Private Driver UK 2020-1S&P Press Release - Private Driver UK 2020-1
27.06.2022 S&P Press Release - Private Driver UK 2020-1Download Investor Reports
Investor Report Private Driver UK 2020-1 02.202323.03.2023 Investor Report Private Driver UK 2020-1 02.2023
Investor Report Private Driver UK 2020-1 03.202321.04.2023 Investor Report Private Driver UK 2020-1 03.2023
Investor Report Private Driver UK 2020-1 04.202323.05.2023 Investor Report Private Driver UK 2020-1 04.2023
-
Driver UK Master C6
Class A / Senior Schuldschein Class B / Junior Schuldschein Initial Balance 784.8m GBP 119.5m GBP Ranking Senior Junior Initial Credit Enhancement 29.12 % 18.32 % Expected Weighted Average Lives 2.02 years 2.17 years Closing Date 27.03.2023 27.03.2023 Expected Repayment Date February 2026 February 2026 Legal Maturity Date May 2031 May 2031 Rating (Fitch / S&P) AAA(sf) / AAA(sf) A+ (sf) / A+ (sf) Coupon SONIA + 80bp p.a. SONIA + 170bp p.a. Denomination 100,000 GBP 100,000 GBP Payment Frequency monthly monthly Redemption 14m revolving
period followed by sequential /
pro rata mechanism
pass through14m revolving
period followed by sequential /
pro rata mechanism
pass throughForm Registered Notes / Schuldschein Loan Registered Notes / Schuldschein Loan Listing Luxembourg Stock Exchange Luxembourg Stock Exchange Download Main Documents
Driver UK Master C6 - Offering Circular
27.03.2023 Driver UK Master C6 - Offering CircularDriver UK Master C6 - STS Notification
27.03.2023 Driver UK Master C6 - STS NotificationDriver UK Master C6 - PCS Verification Report
27.03.2022 Driver UK Master C6 - PCS Verification ReportFitch New Issue Report - Driver UK Master C627.03.2023 Fitch New Issue Report - Driver UK Master C6Fitch Press Release - Driver UK Master C627.03.2023 Fitch Press Release - Driver UK Master C6S&P New Issue Report - Driver UK Master C6
27.03.2022 S&P New Issue Report - Driver UK Master C6S&P Press Release - Driver UK Master C6
27.03.2022 S&P Press Release - Driver UK Master C6Download Investor Reports
Investor Report Driver UK Master Compartment 6 03.202321.04.2023 Investor Report Driver UK Master Compartment 6 03.2023Investor Report Driver UK Master Compartment 6 04.202323.05.2023 Investor Report Driver UK Master Compartment 6 04.2023 -
Driver UK Master regulatory disclosure
The regulatory disclosure section of the Driver UK transactions are stored in separate area of this homepage. To access them, you need to accept the disclaimer. Please click here to open the regulatory disclosure section of the Driver UK transactions.
Volkswagen Financial Services Australia Pty Ltd.
-
Driver Australia Master
Class A Notes Class B Notes Initial Balance 1,650.0m AUD 200.0m AUD Ranking Senior Junior Initial Credit Enhancement 17.00 % 10.30 % Expected Weighted Average Lives 2.27 years 2.41 years Closing Date 28.12.2022 28.12.2022 Expected Repayment Date 29.12.2026 29.12.2026 Legal Maturity Date 25.02.2032 25.02.2032 Rating (Fitch / S&P) AAA(sf) / AAA(sf) A+(sf) / A+(sf) Coupon 1-m-BBSW + 1.50% p.a. 1-m-BBSW + 2.50% p.a. Denomination 100,000 AUD 100,000 AUD Payment Frequency monthly monthly Redemption sequential / pro rata /
pass throughsequential / pro rata /
pass throughForm Global Registered Note Global Registered Note Listing Australian Securities Exchange Australian Securities Exchange Download Main Documents
Offering Circular Driver Australia Master28.12.2022 Offering Circular Driver Australia MasterS&P - Press Release
28.12.2022 S&P - Press ReleaseFitch - Press Release28.12.2022 Fitch - Press ReleaseDownload Investor Reports
Investor Report Driver Australia Master 02.202321.03.2023 Investor Report Driver Australia Master 02.2023Investor Report Driver Australia Master 03.202318.04.2023 Investor Report Driver Australia Master 03.2023Investor Report Driver Australia Master 04.202318.05.2023 Investor Report Driver Australia Master 04.2023 -
Driver Australia six
Class A Class B Initial Balance 887m AUD 50m AUD Ranking Senior Junior Initial Credit Enhancement 12.50 % 7.5 % Expected Weighted Average Lives 1.73 years 2.77 years Closing Date 25.10.2019 25.10.2019 Expected Repayment Date August 2023 August 2023 Final Maturity Date December 2027 December 2027 Rating (Fitch / S&P / Moody´s) AAA(sf) / AAA(sf) / Aaa(sf) AAA(sf) / A+(sf) / Aaa(sf) Coupon 1-m-BBSW + 90bps p.a. 1-m-BBSW + 135bps p.a. Denomination 100,000 AUD 100,000 AUD Payment Frequency monthly monthly Redemption sequential / pro rata /
pass throughsequential / pro rata /
pass throughForm Registered Registered Listing Australian Securities Exchange Australian Securities Exchange Download Main Documents
Offering Circular Driver Australia six25.10.2019 Offering Circular Driver Australia sixNew Issue Report Fitch25.10.2019 New Issue Report FitchNew Issue Report S&P25.10.2019 New Issue Report S&PDownload Investor Reports
Investor Report Driver Australia six 02.202316.03.2023 Investor Report Driver Australia six 02.2023Investor Report Driver Australia six 03.202317.04.2023 Investor Report Driver Australia six 03.2023Investor Report Driver Australia six 04.202316.05.2023 Investor Report Driver Australia six 04.2023 -
Driver Australia seven
Class A Class B Initial Balance 526.2m AUD 33m AUD Ranking Senior Junior Initial Credit Enhancement 13.50 % 8.0 % Expected Weighted Average Lives 1.85 years 2.84 years Closing Date 22.11.2021 22.11.2021 Expected Repayment Date December 2025 December 2025 Final Maturity Date January 2030 January 2030 Rating (Moody´s / Fitch) Aaa(sf) / AAA(sf) Aa2(sf) / NR Coupon 1-m-BBSW + 70bps p.a. 1-m-BBSW + 100bps p.a. Denomination 100,000 AUD 100,000 AUD Payment Frequency monthly monthly Redemption sequential / pro rata /
pass throughsequential / pro rata /
pass throughForm Registered Registered Listing Australian Securities Exchange Australian Securities Exchange Download Main Documents
Offering Circular Driver Australia seven22.11.2021 Offering Circular Driver Australia sevenFitch Driver Seven Press Release22.11.2021 Fitch Driver Seven Press ReleaseNIR Report Moodys22.11.2021 NIR MoodysDownload Investor Reports
Investor Report Driver Australia seven 02.202316.03.2023 Investor Report Driver Australia seven 02.2023Investor Report Driver Australia seven 03.202317.04.2023 Investor Report Driver Australia seven 03.2023Investor Report Driver Australia seven 04.202316.05.2023 Investor Report Driver Australia seven 04.2023 -
Private Driver Australia 2023-1
Class A Initial Balance 500m AUD Ranking Senior Initial Credit Enhancement 12.30 % Expected Weighted Average Lives 1.53 years Closing Date 27.02.2023 Expected Repayment Date September 2026 Final Maturity Date June 2031 Rating (S&P / Moody´s) AAA(sf) / Aaa(sf) Coupon 1-m-BBSW + 150bps p.a. Denomination 100,000 AUD Payment Frequency monthly Redemption sequential / pro rata / pass through Form Registered Listing Australian Securities Exchange Download Main Documents
Private Driver Australia 2023-1 - Offering Circular27.02.2023 Offering Circular PDAUS 2023-1Private Driver Australia 2023-1 - New Issue Report Moody's27.02.2023 New Issue Report Moody'sPrivate Driver Australia 2023-1 - New Issue Report S&P27.02.2023 New Issue Report S&PDownload Investor Reports
Investor Report Private Driver Australia 2023-1 02.202316.03.2023 Investor Report Private Driver Australia 2023-1 02.2023Investor Report Private Driver Australia 2023-1 03.202317.04.2023 Investor Report Private Driver Australia 2023-1 03.2023Investor Report Private Driver Australia 2023-1 04.202316.05.2023 Investor Report Private Driver Australia 2023-1 04.2023 -
Driver Australia regulatory disclosure
The regulatory disclosure section of the Driver Australia transactions are stored in separate area of this homepage. To access them, you need to accept the disclaimer. Please click here to open the regulatory disclosure section of the Driver Australia transactions.
Volkswagen Finance (China) Co., Ltd.
-
Driver China eleven
Class A Initial Balance 7,102m RMB Ranking Senior Initial Credit Enhancement 12.81 % Expected Weighted Average Lives 1.79 years Closing Date 26.11.2020 Expected Repayment Date November 2023 Legal Maturity Date September 2028 Rating (CBR / S&P (China) / S&P Global) AA+ (sf) / AAA (sf) / AAA (sf) Coupon 3.8 % p.a. Denomination 100 RMB Payment Frequency monthly Redemption sequential / pro rata /
pass throughForm Registered Notes Listing China Central Depository and Clearing Co., Ltd. Download Main Documents
Driver China 11 - Offering Circular (english)27.11.2020 Driver China 11 - Offering Circular (english)Driver China 11 - Offering Circular (chinese)27.11.2020 Driver China 11 - Offering Circular (chinese)Driver China 11 - New Issue Report CBR27.11.2020 Driver China 11 - New Issue Report CBR
Driver China 11 - New Issue Report S&P (China)27.11.2020 Driver China 11 - New Issue Report S&P (China)Driver China 11 - New Issue Report S&P Global
27.11.2020 Driver China 11 - New Issue Report S&P GlobalDownload Investor Reports
Investor Report Driver China eleven 02.202320.03.2023 Investor Report Driver China eleven 02.2023
Investor Report Driver China eleven 03.202319.04.2023 Investor Report Driver China eleven 03.2023
Investor Report Driver China eleven 04.202319.05.2023 Investor Report Driver China eleven 04.2023
-
Driver China twelve
Class A Initial Balance 5,326m RMB Ranking Senior Initial Credit Enhancement 12.43 % Expected Weighted Average Lives 1.21 years Closing Date 27.05.2021 Expected Repayment Date November 2023 Legal Maturity Date June 2028 Rating (CBR / Lianhe / Moody's) AA+ (sf) / AAA (sf) / Aaa (sf) Coupon 3.2 % p.a. Denomination 100 RMB Payment Frequency monthly Redemption sequential / pro rata /
pass throughForm Registered Notes Listing China Central Depository and Clearing Co., Ltd. Download Main Documents
Driver China 12 - Offering Circular (English)01.06.2021 Driver China 12 - Offering Circular (English)Driver China 12 - Offering Circular (Chinese)01.06.2021 Driver China 12 - Offering Circular (Chinese)Driver China 12 - New Issue Report Lianhe01.06.2021 Driver China 12 - Presale Report LianheDriver China 12 - New Issue Report CBR01.06.2021 Driver China 12 - New Issue Report CBRDriver China 12 - New Issue Report Moody's01.06.2021 Driver China 12 - New Issue Report Moody'sDownload Investor Reports
Investor Report Driver China twelve 02.202320.03.2023 Investor Report Driver China twelve 02.2023Investor Report Driver China twelve 03.202319.04.2023 Investor Report Driver China twelve 03.2023Investor Report Driver China twelve 04.202319.05.2023 Investor Report Driver China twelve 04.2023 -
Driver China thirteen
Class A Initial Balance 7,136m RMB Ranking Senior Initial Credit Enhancement 12.00 % Expected Weighted Average Lives 1.27 years Closing Date 17.11.2021 Expected Repayment Date June 2024 Legal Maturity Date December 2028 Rating (CBR / CCXI / Moody's) AA+ (sf) / AAA (sf) / Aaa (sf) Coupon 3.16% p.a. Denomination 100 RMB Payment Frequency monthly Redemption sequential / pro rata /
pass throughForm Registered Notes Listing China Central Depository and Clearing Co., Ltd. Download Main Documents
Driver China 13 - Offering Circular (English)17.11.2021 Driver China 13 - Offering Circular (English)Driver China 13 - Offering Circular (Chinese)17.11.2021 Driver China 13 - Offering Circular (Chinese)Driver China 13 - New Issue Report CCXI17.11.2021 Driver China 13 - New Issue Report CCXIDriver China 13 - New Issue Report CBR17.11.2021 Driver China 13 - New Issue Report CBRDriver China 13 - New Issue Report Moody's17.11.2021 Driver China 13 - New Issue Report Moody'sDownload Investor Reports
Investor Report Driver China thirteen 02.202320.03.2023 Investor Report Driver China thirteen 02.2023Investor Report Driver China thirteen 03.202319.04.2023 Investor Report Driver China thirteen 03.2023Investor Report Driver China thirteen 04.202319.05.2023 Investor Report Driver China thirteen 04.2023 -
Driver China fourteen
Class A Initial Balance 8,000m RMB Ranking Senior Initial Credit Enhancement 12.00 % Expected Weighted Average Lives 1.16 years Closing Date 26.10.2022 Expected Repayment Date August 2025 Legal Maturity Date August 2029 Rating (Lianhe / CBR / Fitch) AAA (sf) / AA+ (sf) / AAA (sf) Coupon 2.30% p.a. Denomination 100 RMB Payment Frequency monthly Redemption sequential / pro rata /
pass throughForm Registered Notes Listing China Central Depository and Clearing Co., Ltd. Download Main Documents
Driver China 14 - Offering Circular (English)27.10.2022 Driver China 14 - Offering Circular (English)Driver China 14 - Offering Circular (Chinese)27.10.2022 Driver China 14 - Offering Circular (Chinese)Driver China 14 - New Issue Report CBR27.10.2022 Driver China 14 - New Issue Report CBRDriver China 14 - New Issue Report Lianhe27.10.2022 Driver China 14 - New Issue Report LianheDriver China 14 - New Issue Fitch27.10.2022 Driver China 14 - New Issue FitchDownload Investor Reports
Investor Report Driver China fourteen 02.202320.03.2023 Investor Report Driver China fourteen 02.2023Investor Report Driver China fourteen 03.202319.04.2023 Investor Report Driver China fourteen 03.2023Investor Report Driver China fourteen 04.202319.05.2023 Investor Report Driver China fourteen 04.2023
Volkswagen Pon Financial Services B.V.
-
VCL Master Netherlands B.V.
Class A Notes Class B Notes Balance on Renewal 684.2m EUR 76.6m EUR Ranking Senior Junior Initial Credit Enhancement 32.90 % 25.40 % Expected Weighted Average Lives 2.42 years 2.67 years Closing Date 25.11.2022 25.11.2022 Expected Repayment Date December 2026 December 2026 Legal Maturity Date March 2030 March 2030 Domestic Rating (DBRS/ Moody´s) AAA(sf) / Aaa(sf) Not Rated Coupon 1-m-EURIBOR + 0.70% p.a. 1-m-EURIBOR + 1.35% p.a. Denomination 100,000 EUR 100,000 EUR Payment Frequency monthly monthly Redemption sequential / pro rata /
pass throughsequential / pro rata /
pass throughForm Global Registered Notes Global Registered Notes Listing Luxembourg Stock Exchange Luxembourg Stock Exchange Download Main Documents
Prospectus VCL Master NL25.11.2022 Prospectus VCL Master NLPress Release Moody's25.11.2022 Press Release Moody'sPress Release DBRS25.11.2022 Press Release DBRSNew Issue Report Moody's10.12.2019 New Issue Report Moody'sNew Issue Report DBRS25.11.2021 New Issue Report DBRSSTS Notification VCL Master NL 11.202225.11.2022 STS Notification VCL Master NL 11.2022SVI Verification Report VCL Master NL 11.202225.11.2022 SVI Verification Report VCL Master NL 11.2022SVI CRR Assessment VCL Master NL 11.202225.11.2022 SVI Preliminary CRR Assessment VCL Master NL 11.2022Download Investor Reports
Investor Report VCL Master Netherlands 02.202320.03.2023 Investor Report VCL Master Netherlands 02.2023Investor Report VCL Master Netherlands 03.202318.04.2023 Investor Report VCL Master Netherlands 03.2023Investor Report VCL Master Netherlands 04.202319.05.2023 Investor Report VCL Master Netherlands 04.2023
Volkswagen D’Ieteren Finance SA
-
Driver Belgium Master
Class A Notes Class B Notes Balance on Renewal 481m EUR 21.25m EUR Ranking Senior Junior Initial Credit Enhancement 9.25 % 5.24 % Expected Weighted Average Lives 2.18 years 2.29 years Closing Date 25.11.2022 25.11.2022 Expected Repayment Date May 2026 May 2006 Legal Maturity Date December 2032 December 2032 Rating (Fitch/ Moody´s) AAA(sf) / Aaa(sf) AA- (sf) / Aa2 (sf)] Coupon 1-m-EURIBOR + 0.65% p.a. 1-m-EURIBOR + 1.45% p.a. Denomination 250,000 EUR 250,000 EUR Payment Frequency monthly monthly Redemption sequential / pro rata /
pass throughsequential / pro rata /
pass throughForm Dematerialised Notes under the Belgian Code of Companies and Associations Dematerialised Notes under the Belgian Code of Companies and Associations Listing Luxembourg Stock Exchange Luxembourg Stock Exchange Download Main Documents
Prospectus Driver Belgium Master25.11.2022 Prospectus Driver Belgium MasterSTS Notification Driver Belgium Master25.11.2022 STS Notification Driver Belgium MasterSVI Verification Report Driver Belgium Master25.11.2022 SVI Verification Report Driver Belgium MasterNew Issue Report Fitch25.11.2022 New Issue Report FitchNew Issue Report Moody's25.11.2022 New Issue Report Moody'sPress Release Moody's25.11.2022 Press Release Moody'sPress Release Fitch25.11.2022 Press Release FitchDownload Investor Reports
Investor Report Driver Belgium Master 02.202320.03.2023 Investor Report Driver Belgium Master 02.2023Investor Report Driver Belgium Master 03.202318.04.2023 Investor Report Driver Belgium Master 03.2023Investor Report Driver Belgium Master 04.202317.05.2023 Investor Report Driver Belgium Master 04.2023
Volkswagen Financial Services Polska sp. z o.o.
-
VCL Master Poland
Notes Balance on Renewal PLN 1,500m Ranking Senior Initial Credit Enhancement 21.50 % Expected Weighted Average Lives 1.93 years Closing Date 27.02.2023 Expected Repayment Date July 2026 Legal Maturity Date February 2032 Rating (Fitch/ Moody´s) AAA(sf) / Aa1(sf) Coupon 1-m-WIBOR+95% p.a. Denomination PLN 1,000,000 Payment Frequency monthly Redemption sequential / pro rata /
pass throughForm Global Registered Notes Download Main Documents
Offering Circular VCL Master Poland27.02.2023 Offering Circular VCL Master PolandSTS Notification VCL Master Poland27.02.2023 STS Notification VCL Master PolandSVI Verification Report VCL Master Poland27.02.2023 SVI Verification Report VCL Master PolandSVI CRR Assesment VCL Master Poland27.02.2023 SVI CRR Assesment VCL Master PolandSVI LCR Assesment VCL Master Poland27.02.2023 SVI LCR Assesment VCL Master PolandDownload Investor Reports
Investor Report VCL Master Poland 02.202320.03.2023 Investor Report VCL Master Poland 02.2023Investor Report VCL Master Poland 03.202318.04.2023 Investor Report VCL Master Poland 03.2023Investor Report VCL Master Poland 04.202317.05.2023 Investor Report VCL Master Poland 04.2023
