RCI Banque sells rare sterling deal
Euro corporate bond investors see RCI Banque as a frequent borrower, pricing new issues multiple times a year, but it remains a rare name for sterling investors. Last Friday it sold its first bond in the currency for more than three years.
Before Friday’s deal was priced, the car financing subsidiary of Renault had just a £300m ($391.84m) deal with a 2018 maturity and a £250m deal with a 2019 maturity. Both were issued as five year deals.
The latest deal was also issued as a five
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.