PUBLIC PLACEMENT OF A SECURITIZATION

Financial newsMonday 5 November 2018

PSA Banque France announces the success of a €500 million 5-year Senior Unsecured bond issuance

PSA Banque France (rated A3 by Moody’s and BBB+ by S&P) today placed a €500 million fixed rate bond issuance due June 2024, carrying an annual coupon of 0.625 per cent.

The issue was almost 6 times oversubscribed with around €2.9 billion of orders from more than 230 accounts.

This fourth issuance under EMTN Programme was carried out with Banco Santander, HSBC, ING and J.P. Morgan, as Joint Lead Managers. PSA Banque France thus continues the strategy of diversification of its stable funding sources to support its growth.