Volkswagen upsized its retail auto loan ABS by $250mn to $1.25bn and priced the deal Thursday afternoon, to strong investor demand.

The deal, VALET 2013-1 is backed by loans secured by new and used Volkswagen and Audi cars, minivans, and light-duty trucks and underwritten by VCI, the indirect wholly owned captive finance subsidiary of Volkswagen Group of America (VWGA).

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.