Cookie Consent by Free Privacy Policy website FCA Bank prices Eur 850 million debt offering
january 10, 2018 - FCA Corporate

FCA Bank prices Eur 850 million debt offering

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 #fcabank.
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 #fcabank.