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Published on 10/11/2022 in the Prospect News Liability Management Daily.

Volkswagen's VCL Multi-Compartment calls remaining asset-backed notes

Chicago, Oct. 11 – VCL Multi-Compartment SA is calling the remaining notes from two series via a clean-up call, according to a notice.

The company is redeeming the remaining €941 million class A Compartment VCL 30 notes due January 2026 (ISIN: XS2114331759) and the remainder of the €19 million class B Compartment VCL 30 notes due January 2026 (ISIN: XS2114331919).

The notes will be redeemed at par plus interest to the Oct. 21 redemption date.

The issuer is part of Volkswagen Financial Services AG, Branschweig.


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