Another outstanding result for FCA Bank in the Eurobond market

With an order book of over euro 2,5 billion, FCA Bank priced a Eur 850 million offering of unsecured senior debt securities due June 2021, with a floating rate coupon set at 3-month Euribor + 33 bps.
This transaction further strengthens the group’s funding position and confirms the investors’ confidence in FCA Bank.

FCA Bank acting through its Irish Branch successfully priced today a Eur 850 million offering of unsecured senior debt securities due June 2021, with a floating rate coupon set at 3-month Euribor + 33 bps.

This issuance represents the return to the floating rate public Eurobond market since 2015, which, with a first coupon yield close to 0%, represents a new record for FCA Bank. The transaction attracted an order book of over Eur 2,5 billion from more than 170 investors. This transaction further strengthens the group’s funding position and confirms the investors’ confidence in FCA Bank.

10.01.2018

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