2017-10-23 RCI BANQUE ISSUES A € 500 MILLION FLO
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Posted On: 10/24/2017 5:00:29 AM
2017-10-23 RCI BANQUE ISSUES A € 500 MILLION FLOATING RATE BOND MATURING IN NOVEMBER 2024
October 23 rd , 2017
RCI BANQUE ISSUES A € 500 MILLION FLOATING RATE BOND MATURING IN NOVEMBER 2024
RCI Banque announces the issuance of a 7-year floating rate bond with a coupon set at Euribor + 57 bp.
The deal attracted a € 2.7 billion final order book coming from approximately 240 subscribers.
This issue complements the company's credit curve, which now has multiple reference points, both in fixed-rate and variable-rate formats.
The investor interest in this new deal demonstrates once again their confidence in the financial strength of the company as well as their capacity to support its growth.
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