Cases & Deals

Volkswagen Financial Services, Citigroup Global Markets Limited, and Lloyds Bank securitizes German car loans

Client(s) Volkswagen Financial Services

Jones Day advised Volkswagen Financial Services and two joint lead managers, Citigroup Global Markets Limited, and Lloyds Bank plc, in connection with the €750 million (US$849.6 million) Driver 13 auto loan securitization. The transaction was launched on Volkswagen's well-established DRIVER platform.