{"id":7894,"date":"2025-01-20T11:31:09","date_gmt":"2025-01-20T10:31:09","guid":{"rendered":"https:\/\/about.sixt.com\/?p=7894"},"modified":"2025-01-20T11:31:09","modified_gmt":"2025-01-20T10:31:09","slug":"growth-financing-sixt-successfully-places-eur-500-million-bond-at-top-conditions","status":"publish","type":"post","link":"https:\/\/about.sixt.com\/en\/growth-financing-sixt-successfully-places-eur-500-million-bond-at-top-conditions\/","title":{"rendered":"Growth financing: SIXT successfully places EUR 500 million bond at top conditions"},"content":{"rendered":"<p><strong>Pullach, January 20, 2025 <\/strong>&#8211; Sixt SE has successfully placed a EUR 500 million corporate bond (ISIN:\u00a0DE000A4DFCK8) with international investors. With an orderbook that was more than four times oversubscribed at its peak, the benchmark issue met with exceptionally strong demand from institutional investors in Germany and abroad. The bond has a term of 5 years and a coupon of 3.25%, which corresponds to an improvement of 0.50% compared to the last bond issued a year ago (coupon: 3.75%).<\/p>\n<p>The successful issue underlines the international car rental company\u2019s strong market position and the high level of investor confidence in the company\u2019s financial stability and growth strategy. The proceeds of the bond will be used to finance further growth, in particular fleet expansion.<\/p>\n<blockquote><p><strong>Dr Franz Weinberger, CFO of Sixt SE<\/strong>: \u201cThe strong oversubscription of the orderbook and the lowest spread in the company\u2019s history for a bond issue demonstrate that our business model and our consistent focus on profitable growth are highly appreciated by the capital market. We are particularly pleased that the bond issue has once again attracted broad international interest from investors and that we were able to improve the coupon by a further 0.50% compared to the last bond issue.\u201d<\/p><\/blockquote>\n<p>BNP PARIBAS, Commerzbank, Deutsche Bank, DZ BANK and UniCredit acted as joint lead managers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pullach, January 20, 2025 &#8211; Sixt SE has successfully placed a EUR 500 million corporate bond (ISIN:\u00a0DE000A4DFCK8) with international investors. With an orderbook that was more than four times oversubscribed at its peak, the benchmark issue met with exceptionally strong demand from institutional investors in Germany and abroad. The bond has a term of 5 [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"tags":[],"class_list":["post-7894","post","type-post","status-publish","format-standard","hentry","category-finance"],"acf":[],"_links":{"self":[{"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/posts\/7894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/comments?post=7894"}],"version-history":[{"count":0,"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/posts\/7894\/revisions"}],"wp:attachment":[{"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/media?parent=7894"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/about.sixt.com\/en\/wp-json\/wp\/v2\/tags?post=7894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}