PSA BANQUE FRANCE : NEW PUBLIC SENIOR UNSECURED BOND €500M 5-YEAR FIXED RATE NOTES

PSA Banque France (rated A3 by Moody's and BBB+ by S&P), successfully placed today a €500m fixed-rate bond issue due to mature in 2024 and carrying an annual coupon of 0.625%.

 The final orderbook was over 6x oversubscribed with around €2.9bn of orders from more than 230 accounts. 

This fifth issuance under EMTN program was carried out with partner banks, Banco Santander, HSBC, ING and J.P Morgan as Joint Lead Managers. 

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.