March 27th, 2019
RCI BANQUE LAUNCHES A DUAL-TRANCHE BOND ISSUE IN EUROS: 750 MILLION MATURING IN 2023 AND 650 MILLION MATURING IN 2026.
RCI Banque announces a bond issue in two tranches. The first one, a 4-year note for an amount of € 750m, bears 0.75% fixed rate coupon. The second one, a
7-year tranche for an amount of € 650 m bears a 1.75% floating rate coupon.
The short tranche collected a final order book above € 1.550 bn from 157 subscribers while the long one attracted 145 investors constituting +€ 1.100 bn order book.
The success of this € 1.4 bn total amount transaction demonstrates once again investors’ confidence in the financial strength of the company and their willingness to contribute to its growth.
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