DGAP-News: Sixt SE / Key word(s): Financing
Sixt SE issues long-term borrower's note loans of EUR 350 million at attractive conditions
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.
|Phone:||+49 (0)89 74444-5104|
|Fax:||+49 (0)89 74444-85104|
|ISIN:||DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt Namensaktien, DE000A11QGR9 Sixt-Anleihe 2014/2020, DE000A2BPDU2 Sixt-Anleihe 2016/2022, DE000A2G9HU0 Sixt-Anleihe 2018/2024|
|Listed:||Regulated Market in Frankfurt, Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange|
|EQS News ID:||795165|
|End of News||DGAP News Service|