March 1st, 2018
RCI BANQUE LAUNCHES A DUAL-TRANCHE BOND ISSUE IN EUROS: 750 MILLION MATURING IN 2021 AND 550 MILLION MATURING IN 2025
RCI Banque announces a bond issue in two tranches. The first one, a 3-year and 4-month note for an amount of € 750m, bears 0.25% fixed rate coupon. The second one, a
7-year tranche for an amount of € 550 m bears a Euribor 3m + 0.58 % floating rate coupon.
The short tranche collected a final order book around € 1.8 bn from 114 subscribers while the long one attracted 110 investors constituting a 0.7 bn order book.
The success of this € 1.3 bn total amount transaction demonstrates once again investors' confidence in the financial strength of the company and their willingness to contribute to its growth.
