By Wendy Van Sickle
Columbus, Ohio, June 27 – RCI Banque SA sold €500 million 4.75% five-year green notes, according to a news release Monday.
The transaction, the issuer’s first green-bond issuance, attracted demand for over €1 billion from about 110 investors, the company said.
Proceeds will be used to finance or refinance battery electric vehicles and charging infrastructure.
The international company specializes in automotive financing, insurance and related activities for Renault group brands globally and for Nissan group brands in Europe, Russia and South America. RCI is based in Noisy-le-Grand, France.
| Issuer: | RCI Banque SA
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| Issue: | Green notes
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| Tenor: | €500 million
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| Maturity: | Five years
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| Coupon: | 4.75%
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| Announcement date: | June 27
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