New Issue-Volkswagen Intl Fin sells $2.6 bln notes in 4 parts

Tue Nov 13, 2012 6:06pm EST

Nov 13 (Reuters) - Volkswagen International Finance NV
 on Tuesday sold $2.6 billion of senior unsecured
notes in four parts in the 144a private placement market, said
IFR, a Thomson Reuters service. 
    Barclays Capital, J.P. Morgan and RBS were the joint
bookrunning managers for the sale.

BORROWER: VOLKSWAGEN INTL FIN

TRANCHE 1
AMT $150 MLN    COUPON 3-MO-LIBOR  MATURITY    05/20/2014 
               +50 BPS  
TYPE SR NTS     ISS PRICE 100      FIRST PAY   02/20/2013 
MOODY'S A3      YIELD N/A          SETTLEMENT  11/20/2012   
S&P A-MINUS     SPREAD N/A         PAY FREQ    QUARTERLY
FITCH N/A       MORE THAN TREAS    NON-CALLABLE   N/A 
  
TRANCHE 2
AMT $150 MLN    COUPON 3-MO-LIBOR  MATURITY    11/20/2014 
               +60 BPS  
TYPE SR NTS     ISS PRICE 100      FIRST PAY   02/20/2012 
MOODY'S A3      YIELD N/A          SETTLEMENT  11/20/2012   
S&P A-MINUS     SPREAD N/A         PAY FREQ    QUARTERLY
FITCH N/A       MORE THAN TREAS    NON-CALLABLE   N/A 
       
TRANCHE 3
AMT $850 MLN    COUPON 1.15 PCT    MATURITY    11/20/2015   
TYPE SR NTS     ISS PRICE 99.894   FIRST PAY   02/20/2012 
MOODY'S A3      YIELD 11.186 PCT   SETTLEMENT  11/20/2012   
S&P A-MINUS     SPREAD 85 BPS      PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 15 BPS
    
TRANCHE 4
AMT $650 MLN    COUPON 1.6 PCT     MATURITY    11/20/2017 
TYPE SR NTS     ISS PRICE 99.642   FIRST PAY   02/20/2012 
MOODY'S A3      YIELD 1.675 PCT    SETTLEMENT  11/20/2012   
S&P A-MINUS     SPREAD 105 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 15 BPS
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