January 2nd,2024
RCI BANQUE: ISSUANCE OF EUR 600 MILLION FIXED RATE NOTES MATURING IN JANUARY 2029
RCI Banque, operating under the commercial brand Mobilize Financial Services, announces the issuance of a € 600m 5-year bond bearing a 3.875% coupon.
The deal attracted close to € 1 billion final order book coming from approximately 100 subscribers.
The success of this transaction demonstrates investors’ confidence in the financial strength of the company and their willingness to support its business.
Contact
| Analysts and Investors Financial Communication + 33(0) 1 76 88 81 74 contact_investor@rcibanque.com |
About Mobilize Financial Services:
Attentive to the needs of all its customers, Mobilize Financial Services, a subsidiary of Renault Group, creates innovative financial services to build sustainable mobility for all. Mobilize Financial Services, which began operations nearly 100 years ago, is the commercial brand of RCI Banque SA, a French bank specializing in automotive financing and services for customers and networks of Renault Group, and also for the brands Nissan and Mitsubishi in several countries.
With operations in 35 countries and nearly 4,000 employees, Mobilize Financial Services financed nearly 1.2 million contracts (new and used vehicles) in 2022 and sold 3.8 million services. At the end of December 2022, average earning assets stood at 44.7 billion euros of financing and pre-tax earnings at 1,050 million euros.
Since 2012, the Group has deployed a deposit-taking business in several countries. At the end of December 2022, net deposits amounted to 24.4 billion euros, or 49% of the company's net assets.
To find out more about Mobilize Financial Services: www.mobilize-fs.com/
Follow us on X (Twitter): @Mobilize_FS
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