Sixt SE: Sixt SE issues long-term borrower’s note loans of EUR 350 million at attractive conditions
- Long-term safeguarding of the planned further growth of Europe’s largest mobility service provider
- Sixt again makes use of the digital issue platform vc-trade
Pullach, 3 April 2019 – Sixt SE has successfully placed long-term borrower’s note loans with a volume of EUR 350 million at attractive conditions. The borrower’s note loans comprise tranches with maturities of 5.5 and 7 years, respectively, with fixed and variable interest rates. The issue, which serves to finance further growth, met with very high demand from institutional investors in Germany and abroad and was priced at the lower end of the target range. The arrangers were Landesbank Hessen-Thüringen (Helaba), BayernLB and UniCredit.
Sixt again used the innovative issuing platform vc-trade to place the borrower’s note loans. The platform fully maps the process from issuer to investor by involving the banks and offers advantages in terms of order book transparency and administrative processing. It was only in August 2018 that Sixt, with the help of vc-trade, placed long-term borrower’s note loans with a volume of EUR 200 million.
About SIXT
Sixt SE with its registered office in Pullach near Munich, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT share, SIXT ride and SIXT+ the company offers a uniquely integrated premium mobility service across the fields of vehicle and commercial vehicle rental, car sharing, ride hailing and car subscriptions. The products can be booked, among others, through the SIXT App, which also contains the services of its renowned mobility partners. SIXT has a presence in more than 100 countries around the globe. The company offers its customers experiences that inspire and exceed their expectations – through a lived culture of innovation, a consistent premium offering in terms of fleet and service, and an attractive price-performance ratio. The Group achieved consolidated earnings before taxes of EUR 335.2 million in 2024 and a significant increase in consolidated revenue to reach for the first time EUR 4.00 billion. Sixt SE has been listed on the Frankfurt Stock Exchange since 1986 (ISIN ordinary share: DE0007231326, ISIN preference share: DE0007231334).
