RCI BANQUE SUCCESSFULLY PLACED ITS INAUGURAL GREEN BOND WITH THE ISSUANCE OF 500 MILLION EUROS FIXED RATE NOTES MATURING IN JULY 2027

June 27th, 2022

RCI BANQUE SUCCESSFULLY PLACED ITS INAUGURAL GREEN BOND WITH THE ISSUANCE OF 500 MILLION EUROS FIXED RATE NOTES MATURING IN JULY 2027

RCI Banque launched its debut green bond with the issuance of a €500m 5-year bond bearing a 4.75% coupon.

The transaction attracted demand for over € 1 billion from approximately 110 investors. 84% of the bonds were allocated to responsible investment orientated investors.

The proceeds from this Green Bond will be used to finance or refinance Battery Electric Vehicles (BEVs) and charging infrastructure.

This transaction, that has been launched a few weeks after RCI Banque unveiled its new commercial brand “Mobilize Financial Services”, demonstrates investor’s trust in the financial strength of the company and its contribution to facilitate the transition to electric driving and help tackle climate change

Contacts

About Mobilize Financial Services :

As a partner caring for all its customers, Mobilize Financial Services builds innovative financial services to create sustainable mobility for all. A subsidiary of the Renault Group whose activity started almost 100 years ago, Mobilize Financial Services is the commercial brand of RCI Banque SA, a French Bank specializing in automotive financing and services for Alliance customers and dealers.