While Volkswagen continues its international efforts to remedy its 2015 diesel-engine emissions scandal, the German automaker also carries on with its ramped-up efforts since last fall to raise more capital through securitizations.

The latest transaction is a €750 million (US$837.5 million) static pool of German vehicle lease receivables backing the issuance of two classes of notes totaling €720.5 million, as well as a €22 million subordinated loan that will be issued after the transaction’s expected Nov. 25 closing.  

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