RCI Banque follows VW with €750m as FRN bid grows

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RCI Banque follows VW with €750m as FRN bid grows

RCI Banque, the customer finance arm of French car maker Renault, on Wednesday issued a €750m 3.25 year floating rate note, continuing a run of issuance of short dated floaters by frequent issuers, which shows the product’s strong appeal to investors.

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