IFLR1000

Sixt €250 million 1.5% bond issue

21/2/2018
Investment grade bond/note issue
Select tab

€ 250 million

$ 310 million

Completed

21/2/2018

Overview:

  • German car rental company Sixt has issued a €250 million bond.
  • The bond has a coupon of 1.5%, matures in 2024 and is listed on the Luxembourg Stock Exchange.
  • Lead managers on the deal were Bayerische Landesbank, Commerzbank and Deutsche Bank.
  • Proceeds from the transaction will be used to refinance a previous bond issue.

Katrin Kostadinova - Data analyst 

Jurisdictions:

Germany
Luxembourg

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Germany

Industry sectors:

Consumer goods and services
Automotive

Firms:
Allen & Overy

Party: Sixt (Issuer)

CMS Hasche Sigle

Party: Bayerische Landesbank (Lead manager)

Party: Commerzbank AG (Lead manager)

Party: Deutsche Bank AG, London Branch (Lead manager)

Related deals