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RCI BANQUE ISSUES € 850m 10.25 YEARS SUBORDINATED TIER 2 BOND IN EUROS

RCI Banque

November 07th, 2019

RCI BANQUE ISSUES € 850m 10.25 YEARS SUBORDINATED TIER 2 BOND IN EUROS

RCI Banque announces it has successfully completed the pricing of a EUR 850m 10.25 year subordinated Tier 2 bond callable after 5.25 Years with a 2.625% coupon.

The transaction has been launched after a 3 days roadshow in London, Paris, Amsterdam and Frankfurt, completed with investors’ calls.

This bond issuance under a standalone prospectus will reinforce RCI Banque regulatory capital ratio and optimize its capital structure.

The deal has been well received by the financial community and attracted a final order book exceeding € 4.9 billion coming from about 240 subscribers. The success of the transaction demonstrates RCI Banque capacity to access markets under various formats.


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