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RCI BANQUE: ISSUANCE OF EUR 750 MILLION FIXED RATE NOTES MATURING IN NOVEMBER 2032
Globenewswire· 2025-10-27 18:15
Core Points - RCI Banque, operating as Mobilize Financial Services, has issued a €750 million bond with a 3.625% coupon maturing in November 2032 [2] - The bond issuance attracted a final order book exceeding €2.7 billion from approximately 142 investors [2] Company Overview - Mobilize Financial Services is a subsidiary of Renault Group, focusing on innovative financial services to promote sustainable mobility [4] - The company has been operational for nearly 100 years and specializes in automotive financing for Renault, Nissan, and Mitsubishi brands [4] - Mobilize Financial Services operates in 35 countries with nearly 4,000 employees [5] Financial Performance - As of June 2025, Mobilize Financial Services financed over 633,000 contracts for new and used vehicles and sold 1.8 million services [5] - The average earning assets reached €58.9 billion, with pre-tax earnings of €607 million [5] - The company has a deposit-taking business established since 2012, with net deposits amounting to €30.5 billion, representing 49% of its net assets as of June 2025 [6]