Europcar to start roadshow Tuesday for €400 million notes due 2018

By Paul A. Harris

St. Louis, Nov. 15 - Europcar Group SA will start a roadshow on Tuesday for a €400 million offering of senior subordinated notes due April 2018, according to an informed source.

Deutsche Bank, Credit Agricole CIB, the Royal Bank of Scotland and SG CIB are joint bookrunners for the Rule 144A and Regulation S for life notes.

Natixis Bleichroeder is the co-manager.

The notes come with three years of call protection.

The Saint Quentin en Yvelines, France-based car rental company will use the proceeds to redeem in full its €375 million of fixed-rate notes due 2014.

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