PSA BANQUE FRANCE : SECOND PUBLIC SENIOR UNSECURED BOND €500M 3-YEAR FIXED RATE NOTES

PSA Banque France, rated Baa1 (positive outlook) by Moody's and BBB (outlook stable), successfully placed today a €500m fixed-rate bond issue due to mature in October 2022 and carrying an annual coupon of 0.625%. 

The final orderbook was over 5x oversubscribed with around €2.5bn of orders from more than 220 accounts.

 This second issuance under EMTN program was carried out with partner banks, BofA Merrill Lynch, Natixis, Santander, Unicredit as Bookrunners.

Access to capital market completes the mix of stable funding sources of PSA Banque France and is an important milestone in its strategy of diversification.