Volkswagen Finance China is marketing its third auto loan securitization ever. It's also the first time that the sponsor has tapped this market sice the scandal about its German parent company, Volkswagen AG, rigging diesel vehicles to cheat emissions tests.

The deal, Driver China Three, will offer notes backed by a RMB3 billion ($457 million) portfolio of loans.

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.